Regulation 3 InterpretationI1

In these Regulations—

• “the Act” means the Taxation (Cross-border Trade) Act 2018;

• “the Arrangement” means the Arrangement for import duty on trade in goods from certain British Overseas Territories dated 9th November 2020 M1;

• “Annex 2 of the Arrangement” means Annex 2 of the Arrangement entitled “Concerning the definition of the concept of ‘originating products’ and methods of administrative cooperation”, Titles 1 to 6 together with accompanying Appendices 1 to 3;

• “originating goods” means goods which qualify as originating products under Annex 2 of the Arrangement;

• “standard rate of import duty” means, in relation to goods falling within a commodity code set out in the Goods Classification Table in the Tariff of the United Kingdom, the rate of import duty applicable to those goods in a standard case M2.

In these Regulations, other words and expressions have the meaning given in the Customs Tariff (Establishment) (EU Exit) Regulations 2020 M3.