Customs Tariff — C-54.011 52.8
day occurs, to the final rate of “Free”; (d) if “X74” is set out, (i) effective on the first day on which the Comprehensive and Progressive Trans-Pacific Partnership Agreement is in effect between Canada and Vietnam, to ten elevenths of the initial rate, (ii) effective on January 1 of the first year after the year in which that first day occurs, to nine elevenths of the initial rate, (iii) effective on January 1 of the second year after the year in which that first day occurs, to eight elevenths of the initial rate, (iv) effective on January 1 of the third year after the year in which that first day occurs, to seven elevenths of the initial rate, (v) effective on January 1 of the fourth year after the year in which that first day occurs, to six elevenths of the initial rate, (vi) effective on January 1 of the fifth year after the year in which that first day occurs, to five elevenths of the initial rate, (vii) effective on January 1 of the sixth year after the year in which that first day occurs, to four elevenths of the initial rate, (viii) effective on January 1 of the seventh year after the year in which that first day occurs, to three elevenths of the initial rate, (ix) effective on January 1 of the eighth year after the year in which that first day occurs, to two elevenths of the initial rate, (x) effective on January 1 of the ninth year after the year in which that first day occurs, to one eleventh of the initial rate, and (xi) effective on January 1 of the tenth year after the year in which that first day occurs, to the final rate of “Free”; (e) if “X75” is set out, (i) effective on January 1 of the eighth year after the year in which the first day on which the Comprehensive and Progressive Trans-Pacific Partnership Agreement is in effect between Canada and Vietnam occurs, to three quarters of the initial rate, (ii) effective on January 1 of the ninth year after the year in which that first day occurs, to one half of the initial rate, (iii) effective on January 1 of the tenth year after the year in which that first day occurs, to one quarter of the initial rate, and (iv) effective on January 1 of the eleventh year after the year in which that first day occurs, to the final rate of “Free”; (f) if “X76” is set out, (i) effective on the first day on which the Comprehensive and Progressive Trans-Pacific Partnership Agreement is in effect between Canada and Vietnam, to one quarter of the initial rate, and (ii) effective on January 1 of the eleventh year after the year in which that first day occurs, to the final rate of “Free”; and (g) if “X77” is set out, (i) effective on the first day on which the Comprehensive and Progressive Trans-Pacific Partnership Agreement is in effect between Canada and Vietnam, to a rate of 5.5 per cent, (ii) effective on January 1 of the first year after the year in which that first day occurs, to a rate of 5.0 per cent, (iii) effective on January 1 of the second year after the year in which that first day occurs, to a rate of 2.5 per cent, (iv) effective on January 1 of the third year after the year in which that first day occurs, to a rate of 2.0 per cent, and (v) effective on January 1 of the fourth year after the year in which that first day occurs, to the final rate of “Free”. Rounding of specific rates (5) If a reduction under subsection (3) or (4) results in a specific rate of customs duty that includes a fraction of one tenth of a cent, the rate shall be rounded down to the nearest one tenth of a cent. Rounding of amounts (6) If a reduction under subsection (3) or (4) results in a rate of customs duty that includes a fraction of one per cent, the resulting percentage shall be rounded down to the nearest one tenth of one per cent. Rounding of amounts — fraction other than 0.5 (7) If, for any goods other than motor vehicles of heading No. 87.01, 87.02, 87.03, 87.04 or 87.05, a reduction under subsection (3) or (4) or a rounding of rates under subsection (6) results in a rate of customs duty