Document ID: chunk:federal_register_of_legislation:C2004A04684:body:0:p9
Version: federal_register_of_legislation:C2004A04684
Segment Type: other
Provision Reference: 
Character Range: 20706–23540

reasonably be allocated to the manufacture of the goods.

Regulations may specify manner of working out cost

"(2) Regulations prescribing a cost for the purposes of subsection (1) may also specify the manner of working out that cost.

Allowable expenditure of factory on overheads

Calculation of allowable expenditure of factory on overheads

"153G.(1) Allowable expenditure of a factory on overheads in respect of preference claim goods means the sum of the part of each cost prescribed for the purposes of this subsection:

  (a) that is incurred by the manufacturer of the goods; and

     (b) that relates, directly or indirectly, and wholly or partly, to the manufacture of the goods; and

  (c) that can reasonably be allocated to the manufacture of the goods.

Regulations may specify manner of working out cost

"(2) Regulations prescribing a cost for the purposes of subsection (1) may also specify the manner of working out that cost.

Unmanufactured goods

"153H. Goods claimed to be the produce of a country are the produce of that country if they are its unmanufactured raw products.

Manufactured goods originating in New Zealand

Rule for certain goods wholly manufactured in New Zealand

"153J.(1) Goods claimed to be the manufacture of New Zealand are the manufacture of that country if they are wholly manufactured in New Zealand from one or more of the following:

  (a) unmanufactured raw products;

     (b) materials wholly manufactured in Australia or New Zealand or Australia and New Zealand;

     (c) materials imported into New Zealand that the Comptroller has determined, by Gazette notice, to be manufactured raw materials of New Zealand.

Rule for other manufactured goods last processed in New Zealand

"(2) Goods claimed to be the manufacture of New Zealand are the manufacture of that country if:

     (a) the last process in their manufacture was performed in New Zealand; and

     (b) having regard to their qualifying area, their allowable factory cost is not less than the specified percentage of their total factory cost.

Specified percentage

"(3) The specified percentage of the total factory cost of goods referred to in subsection (2) is:

  (a) unless paragraph (b) applies—50%; or

     (b) if the goods are of a kind for which the Comptroller has determined, by Gazette notice, that another percentage is appropriate—that percentage.

Modification of section 153J in special circumstances

When 50% in subsection 153J(3) can be read as 48%

     "153K.(1) If the Comptroller is satisfied:

     (a) that the allowable factory cost of preference claim goods in a shipment of such goods that are claimed to originate in New Zealand is at least 48% but not 50% of the total factory cost of those goods; and

     (b) that the allowable factory cost of those goods would be at least 50%