Trade Development Board (Textile Levy) Order

Status:

Not current version
(version history — see timeline)

Trade Development Board Act

(Chapter 330, Section 11)

Trade Development Board (Textile Levy) Order

O 1

REVISED EDITION 1991

(25th March 1992)

[4th October 1991]

Citation

1. This Order may be cited as the Trade Development Board (Textile Levy) Order.

Levy

2.—(1) A levy shall be imposed on all textiles which are exported under the Textile Quota Allocation System to any of the countries specified in the Schedule.

(2) As from 1st November 2000, where textile quotas for the export of textiles to any of the countries in the Schedule are allocated by tender, the levy payable for each category of textile shall be based on the tender price bid by the successful bidder for that category.

[S 487/2000 wef 01/11/2000]

(3) Where textile quotas for the export of textiles to any of the countries in the Schedule are allocated to exporters on the basis of their past performance, the levy for each category of textile shall be based on the lowest of the successful tender price accepted by the Board subject to a maximum of 0.75% of the average industry export price for that category.

[S 435/93 wef 01/01/1994]

(4) The amount of the levy referred to in sub-paragraphs (2) and (3) shall be paid by the exporter of the textiles.

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