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Customs Tariff Act 1980 - Customs Tariff (Pacific Islands Countries Trade Agreement) Amendment Order 2006

COOK ISLANDS


CUSTOMS TARIFF (PACIFIC ISLAND COUNTRIES TRADE AGREEMENT) AMENDMENT ORDER 2006


Queen's Representative


ORDER IN EXECUTIVE COUNCIL


At Avarua, Rarotonga this 1st day of February 2006


Present:


HIS EXCELLENCY THE QUEEN'S REPRESENTATIVE
IN EXECUTIVE COUNCIL


PURSUANT to Sections 7 and 9 of the Customs Tariff Act 1980, His Excellency the Queen's Representative, acting by and with the advice and consent of the Executive Council, hereby makes the following Order:


ANALYSIS


1. Title
2. Inclusion and Implementation of Pacific Island Countries Trade Agreement
Schedule


________________


ORDER


1. Title - This Order may be cited as the Customs Tariff (Pacific Island Countries Trade Agreement) Amendment Order 2006, and shall be read together with and deemed part of the Customs Tariff Amendment Order 1989 (hereinafter referred to as the "principal Order").


2. Inclusion and implementation of Pacific Island Countries Trade Agreement - Schedule 1, Chapters 1 to 98, section I - XXI of the principal Order is hereby amended by including the Pacific Island Countries Trade Agreement ("PICTA") tariff rates as set out in the Schedule attached hereto.


Clerk of the Executive Council


________________


This Order is administered by the Ministry of Finance and Economic Management


SCHEDULE


Ad Valorem tariffs on goods originating in a Party to PICTA which are imported into Small Island States and Least Developed Countries shall be reduced and eliminated according to the following timetable:


A. MAXIMUM TARIFF GOODS FROM:

Base Tariff on Goods on the Entry into force of this Agreement
1/1/2005
1/1/2007
1/1/2009
1/1/2011
1/1/2013
More than 25%
25%
17.5%
10%
5%
0%
More than 20% but no more than 25%

20%

15%

10%

5%

0%
More than 15% but not more than 20%

15%

10%

5%

0%

More than 10% but more than 15%

10%

5%

0%


Not more than 10%

5%

0%




Specific Tariffs and fixed tariffs on originating goods which are imported into Small Island States and Least Developed Countries shall be reduced and eliminated according to the following timetable:


B. MAXIMUM SPECIFIC OR FIXED TARIFF ON GOODS, AS A PERCENTAGE OF BASE TARIFF (VALUE) FROM:









1/1/2005
1/1/2007
1/1/2009
1/1/2011
1/1/2013
% of Base Tariff (Value)
80%
60%
40%
20%
0%

____________________


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