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As enacted
Contents

Part I · Anti-Dumping Duties

50. Suspension

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

Subject to the provisions of subsection (2), the

Minister in charge of the subject of Finance may, in consultation with the Director-General and upon the recommendations of the Inter-Ministerial Committee, suspend the application of provisional measures or anti-dumping duties imposed under this Act for a specified period.

(2)

The decision to suspend the application of provisional measures or anti-dumping duties shall be arrived at, having taken into consideration the interest of the national economy, and –

(a)

subsequent to an examination of such factors, including market conditions, as the Minister may prescribe in consultation with the Minister in charge of the subject of Finance; and

(b)

having given an opportunity to the Sri Lankan industry to comment on the issue.

RETROACTIVITY

Part II

Countervailing Duties

Part III

General

Schedules