Document ID: chunk:federal_register_of_legislation:F2018L01468:reg:6
Version: federal_register_of_legislation:F2018L01468
Segment Type: reg
Provision Reference: reg 6
Character Range: 4499–5217

6  Focused value method
 (1) For the purposes of subsection 153ZKX(8) of the Act, the regional value content of goods under the focused value method is worked out using the formula:
where:
customs value means the customs value of the goods worked out under Division 2 of Part VIII of the Act.
value of specified non‑originating materials means the value, worked out under Part 4, of the non‑originating materials that:
 (a) are specified in the second column of the table in Annex 3‑D to Chapter 3 of the Agreement that applies to the goods, to the extent that column refers to the focused value method; and
 (b) are used in the production of the goods.
 (2) Regional value content must be expressed as a percentage.