Section 5 | Meaning of “country of origin”, and adjustments of rules as to export price and fair market price.

(1)For the purposes of this Act “country of origin”, shall be determined in accordance with the rules on the common definition of the concept of origin which are for the time being applicable in accordance with any Community instrument for the purposes of the uniform application of the Common Customs Tariff.^F1

(2)Repealed^F2

(3)Where a country is to be regarded in accordance with subsection (1) above as the country of origin of any goods, and some stage in the production of the goods, or of any components or materials incorporated in the goods, was carried out after they last left the country, then for the purpose of determining in accordance with section 3 or section 4 above the export price of the goods from that country, or their fair market price in it, . . . —^F3F4F5

(a)the deductions to be made by the Board of Trade in the price by reference to which the export price from that country is to be ascertained shall include a deduction for the cost of carrying out any such stage in the production of the goods and in the production of any components or materials incorporated in the goods; and

(b)the fair market price in that country shall be the fair market price of those goods or, as the case may be, of those components or materials in the state in which they left the country.