Where to Find the ROO Provisions in AANZFTA Sample Clauses

Where to Find the ROO Provisions in AANZFTA. Attachment 1
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Where to Find the ROO Provisions in AANZFTA. The ROO provisions in AANZFTA are set out in the following parts of the Agreement: Chapter 3 of the Agreement is titled “Rules of Origin” and contains the key provisions on ROO. Article 1 of the Chapter contains definitions of many of the key terms used in the rules. An Annex to Chapter 3 is titled “Operational Certification Procedures” (OCP) and sets out the procedures for the issuing and use of certificates of origin (COO) and for verifying that origin requirements have been met. Appendix 3 to the First Protocol is titled “List of Data Requirements” and sets out, as a transitional measure, the list of data requirements for Certificates of Origin. Annex 2 to the Agreement is titled “Product Specific Rules” (PSR) and includes: A Headnote to the Annex which sets out rules for interpreting the PSR. The body of the PSR is arranged according to sub-heading in the HS 2012 format. In some cases, important provisions are contained in Chapter Notes (e.g. the chemical reaction rule in the Chapter Notes to Chapters 28, 29 and 32). An Appendix containing an Indicative List of Textile Finishing Processes. The Formulas for Calculating RVC In calculating the RVC either of the following formulas can be used: Direct Formula AANZFTA Material + Labour + Overhead + Profit + Other Cost Cost Cost Costs RVC = _____________________________________________ X 100% FOB Indirect/Build-Down Formula FOB - Value of Non-Originating Materials RVC = ___________________________________________ X 100% FOB Article 5 of the ROO Chapter provides further detail on the formulas for calculating RVC, including definitions of the terms used.
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