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New powers of trade remedies authority

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  • The Taxation (Cross-border Trade) Act 2018 (Appointed Day No 7 and Transitory Provisions) (EU Exit) Regulations, SI 2020/97, appoint 30 January 2020 as the date on which Sch 4(22) and Sch 5(22) of the Act come into force, which provide for the secretary of state to make regulations for the trade remedies authority (TRA) to recommend variation or revocation of countervailing duties, safeguarding amounts and tariff rate quota following international dispute decisions. The regulations also provide for the secretary of state to make preliminary decisions on such matters until the TRA is established.
  • The Trade Remedies (Amendment) (EU Exit) Regulations, SI 2020/99, coming into force on 1 March 2020, provide for the trade remedies authority (TRA) to conduct reviews and investigations covering variation and revocation of anti-dumping, countervailing or safeguard measures following international dispute decisions. They also make amendments to reflect the appealable decisions derived from these new reviews and investigations.
Issue: 1474
Categories: News
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