International Enterprise Singapore Board (Textile Levy) Order 2003

Status:

Published in Subsidiary Legislation Supplement
on 29 Oct 2003

No. S 501

International Enterprise Singapore Board Act

(Chapter 143B)

International Enterprise Singapore Board (Textile Levy) Order 2003

In exercise of the powers conferred by section 11 of the International Enterprise Singapore Board Act, the International Enterprise Singapore Board, with the approval of the Minister for Trade and Industry, hereby makes the following Order:

Citation and commencement

1. This Order may be cited as the International Enterprise Singapore Board (Textile Levy) Order 2003 and shall come into operation on 3rd November 2003.

Levy

2.—(1) A levy shall be imposed on all textiles which are exported —

(a)	under the Textile Quota Allocation System to any of the countries specified in the First Schedule; and
(b)	under the Preferential Tariff Quota Allocation System to any of the countries specified in the Second Schedule.

(2) In relation to the export of textiles under the Textile Quota Allocation System to any of the countries specified in the First Schedule, the levy payable for each category of textile shall —

(a)	where the textile quotas are allocated to exporters by tender, be based on the tender price bid by the successful bidder for that category; and
(b)	where the textile quotas are allocated to exporters on the basis of their past performance, be based on the lowest successful tender price accepted by the Board, subject to a maximum of 0.75% of the average industry export price for that category.

(3) In relation to the export of textiles under the Preferential Tariff Quota Allocation System to any of the countries specified in the Second Schedule —

(a)	where the tariff quotas are allocated to exporters by tender, the levy payable shall be based on the tender price bid by the successful bidder for that tariff quota; and
(b)	where the tariff quotas are allocated to exporters on the basis of their past performance, the levy shall be payable at the rate of one cent per square metre equivalent of textiles.

(4) The levy referred to in this paragraph shall be paid by the exporter of the textiles.

Revocation

3. The Trade Development Board (Textile Levy) Order (O 1) is revoked.

Made this 21st day of October 2003.

WONG KOK SIEW

Chairman,
International Enterprise Singapore Board.

[IE 15 19 02; AG/LEG/SL/143B/2003/1 Vol. 1]

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