Part 6 Supplementary
Taxation (Cross-border Trade) Act 2018 (2018 c 22) | Legislation

Part 6 Supplementary

The economic interest test

25

(1)     This paragraph applies if the TRA or the Secretary of State is considering, for the purposes of this Schedule, whether the TRA or the Secretary of State is satisfied that the application of an anti-dumping remedy or anti-subsidy remedy meets or does not meet the economic interest test.

(2)     The economic interest test is met in relation to the application of an anti-dumping remedy or anti-subsidy remedy if the application of the remedy is in the economic interest of the United Kingdom.

(3)     That test is presumed to be met unless the TRA or, as the case may be, the Secretary of State is satisfied that the application of the remedy is not in the economic interest of the United Kingdom.

(4)     When considering whether the application of an anti-dumping remedy or anti-subsidy remedy is not in the economic interest of the United Kingdom, the TRA or the Secretary of State must—

(a)     take account of the following so far as relevant—

(i)     the injury caused by the dumping of the goods, or the importation of the subsidised goods, to a UK industry in the goods and the benefits

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