Section 3
of Countervailing and Anti-Dumping Duties Act 1993
ActIn forceProvision 8 of 65
Section 3
(1)
No countervailing duty shall be imposed except in accordance with this Act.
(2)
A subsidy as specified in section 2A shall be subject to countervailing duties as provided under this Act only if the subsidy is specific, as may be prescribed, and is not a non-actionable subsidy.
(3)
The amount of the countervailing duty to be imposed shall be calculated in accordance with the method as may be prescribed.