Order Imposing a Surtax on the Importation of Certain Steel Goods

Marginal note:Surtax

• 3 (1) Subject to subsections (3) and (4), if all the goods of a class that is set out in column 1 of the schedule, and that is described in column 2, are imported in excess of the quantity referred to in column 3 for that class during one 50-day segment included in the period of 200 days beginning on the day on which this Order comes into force, those goods are subject to a surtax at the rate of 25% of their value for duty, the value for duty being determined in accordance with sections 47 to 55 of the Customs Act.

• Marginal note:Clarification

  (2) For the purposes of subsection (1), the quantity referred to in column 3 of the schedule applies to four consecutive 50-day segments — the first segment beginning on the day on which this Order comes into force — and any remaining portion of the quantity that is unused at the end of a segment is carried forward into the next segment.

• Marginal note:Permit

  (3) For the purposes of subsection (1), the goods are considered to be imported in excess of the quantity referred to in column 3 of the schedule if they are not imported under a permit that is issued pursuant to the Export and Import Permits Act in respect of item 82 of the Import Control List and valid at the time at which the goods are accounted for under subsection 32(1), (3) or (5) of the Customs Act.

• Marginal note:Quantity limit

  (4) For the purposes of subsection (1), the goods are considered to be imported in excess of the quantity referred to in column 3 of the schedule if they originate in a country for which importation of the goods of the class in question exceed the percentage set out in column 5 of the quantity referred to in column 4.