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Free Port definition

Free Port means a duty free area adjacent to a port of entry where imported goods may be unloaded for value-adding activities within the Special Economic Zone for storage, repackaging or processing, subject to customs import procedures.
Free Port means an area within a sea port or an inland dry port under the supervision of SLPA and declared by the regulations under this Act.
Free Port means the area declared in terms of Sri Lanka Ports Authority Act No. 51 of 1979 and declared in terms of the Air Navigation Regulation of 1955.

Examples of Free Port in a sentence

  • BCT operates at the Riga Free Port No. 48 under a port concession license issued by the Riga Free Port Authority which expires on 22 March 2047.

  • Apart from the license, the company had entered into a real estate purchase agreement on 30 April 2003 whereby the Riga Free Port Authority sold to BCT, which acquired, full ownership of all yards within the boundaries of the BCT terminal (excluding the quay), together with all underlying communications, warehousing facilities, parking and paved areas surrounding said warehouses, and covered rail ramps.

  • Parovel following his criticism of a plan to re-develop the Free Port: http://www.movimentotriestelibera.

  • The Free Port of Trieste is the only real free port in the European Union as its regime is confirmed by an international Treaty (Paris Peace Treaty -1947) signed before the creation of the EU.

  • The Free Port of Trieste was established by the Austrian Emperor Carlo VI in 1719 and strongly developed by his daughter Maria Teresa who considered Trieste as the only Port of the Austrian Empire.The 1947 Paris Peace Treaty and the Memorandum of London in 1954 maintained the Free Port of Trieste’s legal and fiscal regime, thus giving it an extra-territorial status.

  • Also, the processing of cargo and the preparation and finishing of imported automobiles for sale can freely be set up in the Free Port.

  • This is likely to be because the noise in- troduces spelling mistakes and removes names completely and identical matches that have been removed.

  • The Copenhagen Free Port welcomes foreign companies establishing warehouse and storage facilities.

  • There are no international conventions and treaties – except for Annex VIII to the 1947 Paris Peace Treaty regarding the Free Port of Trieste.The free Port of Trieste is not comparable to an EU Free Zone.

  • Manufacturing operations can be established with the permission of the customs authorities, which is granted if special reasons exist for having the facility in the Free Port area.


More Definitions of Free Port

Free Port means activities including tourism and retail sales, permit on-site residence, and providing a broader set of incentives and benefits;
Free Port means an area within a sea port or an inland dry port operated under the supervision of the Sri Lanka Ports Authority and declared by regulations under this Act;
Free Port means a duty free area adjacent to a port of entry where imported goods may be unloaded for value-adding activities within the Special Economic Zone for storage, repackaging or processing, subject to customs procedures and “value adding” or “value added” includes the enhancement of, packaging or re-packaging of and beneficiation added to a product before the product is offered to the end-user.
Free Port means an international entry point which has been designated as a tax free area, where all port related services are performed without taxation, and where imported and locally made goods and services are bought and sold without imposition of import duties and sales related taxes; a free port is equivalent to a free trade zone;
Free Port means an island or geographical area aimed at tourism, retail trade, on-site residential and related utilities infrastructure and services; and entitled to Incentives.
Free Port. A restricted area at a seaport for the handling of duty-exempted import goods. Also called a Foreign Trade Zone.

Related to Free Port

  • the Port means a new port to be established in implementation of proposals made by the Joint Venturers pursuant to Clause 7 whether the same be established by the Joint Venturers exclusively or by them in conjunction with another or others (including the State) and should no such new port be established the term means any existing port developed or used by the Joint Venturers for the purposes of this Agreement by arrangement with another or others (including the State) and in either case the term extends to and includes as well as the land upon which the Joint Venturers’ wharf is erected also the adjacent land serving the Joint Venturers’ wharf and the adjacent land on which it is proposed to locate or on which could be located or in fact is located secondary and tertiary processing plants crushing grinding and screening facilities stockpiling yards electric power generating plant petroleum storage and other ancillary facilities;

  • Free Share means, in respect of a Fund, each C share of the Fund, other than a Commission Share (including, without limitation, any C share issued in connection with the reinvestment of dividends or capital gains).

  • Free Period means any Period other than the Prohibited Period.

  • Free look period means the period of time during which a borrower may cancel a guaranteed asset protection waiver without penalty, fees, or costs to the borrower. A free look period must begin on the effective date of the guaranteed asset protection waiver, and the term of a free look period must be at least 30 days.

  • Harvest batch means a specifically identified quantity of dried flower or trim, leaves, and other cannabis plant matter that is uniform in strain, harvested at the same time, and, if applicable, cultivated using the same pesticides and other agricultural chemicals, and harvested at the same time.

  • Weapon-free school zone means school property and a vehicle used by a school to transport students to or from school property.

  • Active portion means that portion of a facility where treatment, storage, or disposal operations are being or have been conducted after May 19, 1980, and which is not a closed portion. (See also “closed portion” and “inactive portion.”)

  • Applicable Portion means, with respect to any holder of shares of Preferred Stock, a number of shares of Preferred Stock calculated by multiplying the aggregate number of shares of Preferred Stock held by such holder immediately prior to a Qualified Financing by a fraction, the numerator of which is equal to the amount, if positive, by which such holder’s Pro Rata Amount exceeds the number of Offered Securities actually purchased by such holder in such Qualified Financing, and the denominator of which is equal to such holder’s Pro Rata Amount.

  • Loading Port means the port of Port Hedland or if iron ore is not shipped, or is not shipped from that port, then such port (which may include the port of Port Hedland) as the Minister may determine for the purpose of this definition;

  • Off-Peak Hours means those hours which are not On-Peak Hours.

  • port townsite means the townsite to be established pursuant to this Agreement near the harbour;

  • Toll Free Service is service provided with any dialing sequence that invokes toll-free, 800-like, service processing, for example for illustration only, 800 or 800-like services. Toll Free Service includes but is not limited to calls placed to 800/888 NPA Service Access Codes (SAC).

  • Free Time means the period specified in the terminal schedule during which cargo may occupy space assigned to it on terminal property, including off-dock facilities, free of wharf demurrage or terminal storage charges immediately prior to the loading or subsequent to the discharge of such cargo on or off the vessel.

  • Harvest lot means a specifically identified quantity of marijuana that is, cultivated utilizing the same growing practices and harvested within a 72 hour period at the same location and cured under uniform conditions.

  • fall prevention equipment means equipment used to prevent persons from falling from a fall risk position, inducing personal equipment, a body harness, lanyards, lifelines or physical equipment such as guard-rails, screens, barricades, anchorages or similar equipment;

  • Alcohol Screening Device (ASD) means a breath or saliva device, other than an Evidential Breath Testing Device (EBT), that is approved by the National Highway Traffic Safety Administration and placed on its Conforming Products List for such devices.

  • Radio frequency identification (RFID means an automatic identification and data capture technology comprising one or more reader/interrogators and one or more radio frequency transponders in which data transfer is achieved by means of suitably modulated inductive or radiating electromagnetic carriers.

  • Cold Weather Alert means the notice that PJM provides to PJM Members, Transmission Owners, resource owners and operators, customers, and regulators to prepare personnel and facilities for expected extreme cold weather conditions.

  • Manufactured dwelling park means a place where four or more manufactured dwellings

  • Line-voltage regulation means the difference between the no-load and the load line potentials expressed as a percent of the load line potential. It is calculated using the following equation:

  • Inactive portion means that portion of a facility which is not operated after November 19, 1980. See also "active portion" and "closed portion".

  • Timber Sale Area means the area or areas designated as such on Exhibit A and located on the ground by reference to legal subdivisions, monuments, natural land features, improvements, or sale boundary signs. Down Timber is defined as timber that is down as of the date of this contract, as determined by STATE.

  • Drug-free workplace means a site for the performance of work done in connection with a specific contract at which the employees of the Contractor are prohibited from engaging in the unlawful manufacture, distribution, dispensing, possession, or use of a controlled substance.

  • Tank wagon means a straight truck having 1 or more compartments other than the fuel supply tank designed or used to carry motor fuel.

  • IntraLATA LEC Toll means IntraLATA Toll traffic carried solely by a Local Exchange Carrier and not by an IXC. "IntraLATA Toll Traffic" describes IntraLATA Traffic outside the Local Calling Area.

  • Open type traction battery means a type of battery requiring filling with liquid and generating hydrogen gas that is released to the atmosphere.