Part 5 Undertakings
Taxation (Cross-border Trade) Act 2018 (2018 c 22) | Legislation

Part 5 Undertakings

Acceptance of undertakings

23

(1)     Where the TRA determines to recommend to the Secretary of State under paragraph 17(3) or (4) that an anti-dumping amount or a countervailing amount should be applicable to goods, the TRA may also recommend to the Secretary of State the acceptance of an undertaking in respect of the goods.

(2)     In this Part, an “undertaking†means—

(a)     in the case of the dumping of goods, an undertaking offered by an overseas exporter of the goods—

(i)     to revise the overseas exporter's prices for export to the United Kingdom, or

(ii)     to cease exports to the United Kingdom at prices which cause the goods to be dumped;

(b)     in the case of subsidised goods—

(i)     an undertaking offered by an overseas exporter of the goods to revise the overseas exporter's prices for export to the United Kingdom, or

(ii)     an undertaking offered by a relevant foreign government to eliminate or limit the importation into the United Kingdom of the subsidised goods or to take

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