The Taxation (Cross-border Trade) Act 2018 (Appointed Day No 2) (EU Exit) Regulations, SI 2019/69, appoint 23 January 2019 as the day on which provisions of the Act come into force enabling the government to establish preferential trading arrangements in favour of ‘eligible developing countries’ and to vary rates of import duty in response to trade disputes, after the UK leaves the EU.
The provisions commenced by the regulations are:
s 10 enabling the government to make regulations to set up ‘trade preference schemes’ involving preferential import duty rates for goods from developing countries;
Sch 3 listing ‘eligible developing countries’; and
s 15 enabling the government to make regulations varying rates of import duty in response to a trade dispute between the UK and another country.
The Taxation (Cross-border Trade) Act 2018 (Appointed Day No 2) (EU Exit) Regulations, SI 2019/69, appoint 23 January 2019 as the day on which provisions of the Act come into force enabling the government to establish preferential trading arrangements in favour of ‘eligible developing countries’ and to vary rates of import duty in response to trade disputes, after the UK leaves the EU.
The provisions commenced by the regulations are:
s 10 enabling the government to make regulations to set up ‘trade preference schemes’ involving preferential import duty rates for goods from developing countries;
Sch 3 listing ‘eligible developing countries’; and
s 15 enabling the government to make regulations varying rates of import duty in response to a trade dispute between the UK and another country.
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