Customs Act (R.S.C., 1985, c. 1 (2nd Supp.))

Marginal note:Residual basis of appraisal

53 Where the value for duty of goods is not appraised under sections 48 to 52, it shall be appraised on the basis of

• (a) a value derived from the method, from among the methods of valuation set out in sections 48 to 52, that, when applied in a flexible manner to the extent necessary to arrive at a value for duty of the goods, conforms closer to the requirements with respect to that method than any other method so applied; and

• (b) information available in Canada.