that is filed with the Commission not earlier 
than the date which is 9 months, and not later 
than the date which is 6 months, before the 
date any action taken under subsection (a) is to 
terminate, the Commission shall conduct an in-
vestigation to determine whether action under 
this section continues to be necessary to remedy 
or prevent serious injury and whether there is 
evidence that the industry is making a positive 
adjustment to import competition. 
(ii) The Commission shall publish notice of 
the commencement of any proceeding under 
this subparagraph in the Federal Register and 
shall, within a reasonable time thereafter, hold 
a public hearing at which the Commission shall 
afford interested parties and consumers an op-
portunity to be present, to present evidence, 
and to respond to the presentations of other 
parties and consumers, and otherwise to be 
heard. 
(iii) The Commission shall transmit to the 
President a report on its investigation and de-
termination under this subparagraph not later 
than 60 days before the action under subsection
(a) is to terminate, unless the President speci-
fies a different date. 
(C) PERIOD OF IMPORT RELIEF.—Any im-
port relief provided under this section, including 
any extensions thereof, may not, in the aggre-
gate, be in effect for more than 4 years. 
(e) RATE AFTER TERMINATION
OF IMPORT RE-
LIEF.—When import relief under this section is termi-
nated with respect to an article— 
(1) the rate of duty on that article after such 
termination and on or before December 31 of the 
year in which such termination occurs shall be the 
rate that, according to the Schedule of the United 
States to Annex 2–B of the Agreement for the 
staged elimination of the tariff, would have been in 
effect 1 year after the provision of relief under sub-
section (a); and 
(2) the rate of duty for that article after De-
cember 31 of the year in which termination occurs 
shall be, at the discretion of the President, either— 
(A) the applicable NTR (MFN) rate of 
duty for that article set out in the Schedule of 
the United States to Annex 2–B of the Agree-
ment; or
(B) the rate of duty resulting from the 
elimination of the tariff in equal annual stages 
ending on the date set out in the Schedule of 
the United States to Annex 2–B of the Agree-
ment for the elimination of the tariff. 
(f) ARTICLES EXEMPT FROM RELIEF.—No import 
relief may be provided under this section on any article 
that— 
(1) is subject to— 
(A) import relief under subtitle B; or 
(B) an assessment of additional duty 
under subsection (b), (c), or (d) of section 202; 
or 
(2) has been subject to import relief under this 
subtitle after the date on which the Agreement en-
ters into force. 
SEC. 314. TERMINATION OF RELIEF AUTHORITY. 
(a) GENERAL RULE.—Subject to subsection (b), no 
import relief may be provided under this subtitle after the 
date that is 10 years after the date on which the Agree-
ment enters into force. 
(b) EXCEPTION.—If an article for which relief is pro-
vided under this subtitle is an article for which the period 
for tariff elimination, set out in the Schedule of the United 
States to Annex 2–B of the Agreement, is greater than
10 years, no relief under this subtitle may be provided for 
that article after the date on which such period ends. 
(c) PRESIDENTIAL DETERMINATION.—Import relief 
may be provided under this subtitle in the case of an Aus-
tralian article after the date on which such relief would, 
but for this subsection, terminate under subsection (a) or 
(b), if the President determines that Australia has con-
sented to such relief. 
SEC. 315. COMPENSATION AUTHORITY. 
For purposes of section 123 of the Trade Act of 1974 
(19 U.S.C. 2133), any import relief provided by the Presi-
dent under section 313 shall be treated as action taken 
under chapter 1 of title II of such Act. 
SEC. 316. CONFIDENTIAL BUSINESS INFORMATION. 
Section 202(a)(8) of the Trade Act of 1974 (19 
U.S.C. 2252(a)(8)) is amended in the first sentence— 
(1) by striking ‘‘and’’; and 
(2) by inserting before the period at the end ‘‘, 
and title III of the United States-Australia Free 
Trade Agreement Implementation Act’’. 
Subtitle B—Textile and Apparel 
Safeguard Measures 
SEC. 321. COMMENCEMENT OF ACTION FOR RELIEF. 
(a) IN GENERAL.—A request under this subtitle for 
the purpose of adjusting to the obligations of the United