Malaysia legislation
Section 2C
Section 2C
A subsidy that causes the following adverse effects to the domestic interest shall be subject to countervailing measures under this Act:
(a)
injury to the domestic industry;
(b)
nullification or impairment of benefits accruing directly or indirectly under the General Agreement on Tariffs and
Trade 1994, in particular the benefits of concessions bound under Article II of the General Agreement on
Tariffs and Trade 1994; or
(c)
serious prejudice to domestic interests:
Provided that this section shall not apply to subsidies maintained on agricultural products as provided in Article 13 of the Agreement on
Agriculture set out in Annex 1A to the World Trade Organization
Agreement.
Non-actionable subsidy