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As enacted
Contents

27. General principle on definitive safeguard measure

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

(1)

The Director-General shall submit the report prepared under subsection (2) of section 25 to the Committee, together with the recommendations of the Director-General on the application of a definitive safeguard measure.

(2)

The Committee may within a period of ten working days of the receipt of the documents referred to in subsection (1), recommend to the Minister in charge of the subject of

Finance through the Minister, the application of a definitive safeguard measure, where it determines that –

(a)

as a result of unforeseen developments, increased imports have caused or threaten to cause serious injury to the domestic industry;

and

(b)

application of a definitive safeguard measure is in the public interest.

(3)

The duration and level of application of a definitive safeguard measure shall not be more than what is necessary to prevent or remedy serious injury and to facilitate adjustments.