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These Regulations amend the Trade Remedies (Dumping and Subsidisation) (EU Exit) Regulations 2019 (“the 2019 Regulations”).
Regulation 3 inserts new regulation 96D into the 2019 Regulations. Regulation 96D provides for the Secretary of State to transition an exemption to the anti-dumping duty on certain bicycle parts that was granted by the European Commission to a person in the United Kingdom after the transition period (which ended at 11 p.m. on 31st December 2020), but which was requested on, and authorised with retroactive effect from, a date before the end of the transition period.
The terms “determination notice”, “EU trade remedies measure”, “replacement of EU trade duty”, and “UK trade remedies measure” are defined in regulation 94 of the 2019 Regulations.
Any determination notice or public notice referred to in these Regulations will be available to view online at https://www.gov.uk/government/collections/trade-remedies-notices.
An impact assessment has not been prepared for this instrument as the expected impact of the trade remedies system has already been assessed in the impact assessment accompanying the Taxation (Cross-border Trade) Act 2018.
A copy of the Explanatory Memorandum is published alongside this instrument at http://www.legislation.gov.uk/.
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Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
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