S.R.O. 508(I)/2005, dated 6th June, 2005

SROS: S.R.O. 508(I)/2005, dated 6th June, 2005 S.R.O. 508(I)/2005, dated 6th June, 2005:- In pursuance of the Free Trade Agreement(FTA) between the Islamic Republic of Pakistan and the Democratic Socialist Republic of Sri Lanka, the Federal Government is pleased to make the following rules, namely.- 1. Short title, commencement.-(1) These rules may be called the PSFTA Determination of Origin of Goods, Rules, 2005. (2) They shall come into force with effect from 12th June, 2005. 2. Application.-These rules shall apply to products consigned from the territory of either of the Contracting Parties. 3. Definitions.-In these rules unless the context otherwise requires:-- (a) cumulation means that the products which have acquired originating status in the territory of one Contracting Party may be taken into account when used as inputs for a finished product eligible for preferential treatment in the territory of the other Contracting Party; (b) factory ship means any vessel, as defined, used for processing and/or making on board products exclusively from those products referred to in clause(f) of rule 7; and (c) vessels shall refer to fishing vessels engaged in commercial fishing, registered in the country of the Contracting Party and operated by a citizen or citizens of the Contracting Party or partnership, corporation or association, duly registered in such country, at least 60 per cent of equity of which is owned by a citizen or citizens and/or Government of such Contracting Party or 75 per cent by citizens and/or Governments of the Contracting Parties and the precuts taken from vessels, engaged in commercial fishing under Bilateral Agreements, which provide for chartering/leasing of such vessels and/or sharing of catch between Contracting Parties will also be eligible for preferential treatment. 4. Determination of Origin.-No product shall be deemed to be the produce or manufacture of either country unless the conditions specified in these rules are complied with in relation to such products, to the satisfaction of the Appropriate Authority. 5. Claim at the time of importation.-The importer of the product shall, at the time of importation:- (a) make a claim that…