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PART 2Amendments to the Customs (Preferential Trade Arrangements) Regulations

Amendments to definitions in regulation 2 of the Customs (Preferential Trade Arrangements) Regulations

3.  In regulation 2(1) of the Customs (Preferential Trade Arrangements) Regulations, for the definition of “Agreement” substitute the following—

“Agreement” means an arrangement—

(a)

that is listed in column 1 of the table in Schedule 1; and

(b)

the effect of which is to apply import duty rates to goods, or any description of goods, originating from the country or territory that are lower than the applicable standard rate of import duty for those goods.(1).

4.  In regulation 2(1) of the Customs (Preferential Trade Arrangements) Regulations, in the definition of “Preferential Quota Table”, for “column 3” substitute “column 2”.

Amendment of Schedule 1 of the Customs (Preferential Trade Arrangements) Regulations

5.  Schedule 1 has effect for the purposes of substituting Schedule 1 to the Customs (Preferential Trade Arrangements) Regulations.

(1)

See regulation 2(5) of the Customs Tariff (Establishment) (EU Exit) Regulations 2020 (S.I. 2020/1430) for the meaning given to the customs tariff in its standard form (otherwise known as the standard rate of import duty under the customs tariff).