← Back to Anti-dumping Duties Ordinance 2000 Outline

46

Acceptance of price undertaking

Act: Anti-dumping Duties Ordinance 2000

Section Provisions

ANTI-DUMPING DUTIES ORDINANCE 2000 ANTI-DUMPING DUTIES ORDINANCE 2000 ORDINANCE LXV OF 2000 An Ordinance to amend and consolidate the law relating to imposition of anti-dumping duties to offset such dumping [Gazette of Pakistan, Extraordinary, Part I, 22nd December, 2000] F.No.2(I)/2000-Pub., dated 22-12-2000.-The following Ordinance made by the President is hereby published for general information:-- PART XII PRICE UNDERTAKINGS 46. Acceptance of price undertaking.--(1) Where the Commission has made a preliminary affirmative determination of dumping and injury in accordance with the provisions of this Ordinance, the Commission may suspend or terminate an investigation without imposition of anti-dumping duties, whether preliminary or definitive, upon receipt of satisfactory price undertaking from an exporter to revise its prices or, to cease export to the area in question at dumped prices so that the Commission is, satisfied that injurious effect of dumping in question is eliminated: Provided that the Commission shall not seek or accept any price undertaking from an exporter unless the Commission has made a preliminary affirmative determination of. dumping arid injury in accordance with the provisions of this Ordinance. (2) Price increases under such price undertakings shall not be higher than necessary to eliminate dumping margin and shall be less than the provisionally determined dumping margin set forth in the notice of preliminary, determination referred to in subsection (2) of section 37 if, the Commission determines that such lesser price increase would be adequate to remove injury to domestic industry. (3) The Commission may suggest price undertakings, but no exporter shall be forced to enter into, any such undertaking and the fact that exporters do not offer such undertakings, or do not accept an invitation to do so, shall not prejudice consider of the case by the Commission: Provided that in such circumstances the Commission shall be free to determine that a threat of injury is more likely to be realised if the dumped