CUSMA Rules of Origin Regulations — 18
tions of those terms in section 12. There is no need to maintain or provide records or other documents that certify such parts are originating, as long as information demonstrating the capacity to produce these minimum amounts is maintained and can be provided. Averaging for LVC requirements (15) For the purposes of calculating the LVC of a passenger vehicle, light truck or heavy truck, the producer may elect to average the calculation using any one of the following categories, on the basis of either all vehicles in the category or only those vehicles in the category that are exported to the territory of one or more of the other CUSMA countries: (a) the same model line of vehicles in the same class of vehicles produced in the same plant in the territory of a CUSMA country; (b) the same class of vehicles produced in the same plant in the territory of a CUSMA country; (c) the same model line of vehicles or same class of vehicles produced in the territory of a CUSMA country; or (d) any other category as the CUSMA countries may decide. Election requirements (16) An election made under subsection (15) must (a) state the category chosen by the producer and (i) if the category referred to in paragraph (15)(a) is chosen, state the model line, model name, class of vehicle and tariff classification of the vehicles in that category and the location of the plant at which the vehicles are produced, (ii) if the category referred to in paragraph (15)(b) is chosen, state the model name, class of vehicle and tariff classification of the vehicles in that category and the location of the plant at which the vehicles are produced, or (iii) if the category referred to in paragraph (15)(c) is chosen, state the model line, model name, class of vehicle and tariff classification of the vehicles in that category and the locations of the plants at which the vehicles are produced; (b) state whether the basis of the calculation is all vehicles in the category or only those vehicles in the category that are exported to the territory of one or more of the other CUSMA countries; (c) state the producer’s name and address; (d) state the period with respect to which the election is made, including the starting and ending dates; (e) state the estimated LVC of vehicles in the category on the basis stated under paragraph (b); (f) be dated and signed by an authorized officer of the producer; and (g) be filed with the customs administration of each CUSMA country to which vehicles in that category are to be exported during the period covered by the election, at least 10 days before the day on which the producer’s fiscal year begins or such shorter period as that customs administration may accept. No recisions or modifications (17) An election filed for the vehicles referred to in subsection (15) may not be rescinded or modified with respect to the category or basis of calculation. LVC and net cost (18) If a producer files an election under paragraph (16)(a), it must include the LVC and the net cost of the producer’s passenger vehicles, light trucks or heavy trucks, calculated under one of the categories set out in subsection (15), with respect to (a) all vehicles that fall within the category chosen by the producer; or (b) those vehicles to be exported to the territory of one or more of the CUSMA countries that fall within the category chosen by the producer. LVC periods (19) For the purposes of determining the LVC in this section, the producer may base the calculation on (a) the previous fiscal year of the producer; (b) the previous calendar year; (c) the quarter or month to date in which the vehicle is produced or exported; (d) the producer’s fiscal year to date in which the vehicle is produced or exported; or (e) the calendar year to date in which the vehicle is produced or exported. Transportation and related costs (20) High-wage transportation or related costs for shipping may be included in a producer’s LVC calculation if not included in the amount for high-wage