# The Trade Preference Scheme (Developing Countries Trading Scheme) Regulations 2023, Paragraph 4


Where the Secretary of State publishes a goods graduation notice under regulation 18(1)—
(a) the goods graduation notice must be published on or before 30th September of the year preceding the year in which the suspension begins;
(b) the suspension of the SP rate must begin on 1st January following the publication of the goods graduation notice;
(c) the period of suspension cannot exceed 3 years (unless extended by further notice).

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Source: https://www.legislation.gov.uk/uksi/2023/561/schedule/3/paragraph/4 (the official version)
Page: https://openlegislation.uk/trade-preference-scheme-developing-countries-trading-scheme-regulations-2023/schedule-3/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.