Page:United States Statutes at Large Volume 118.djvu/961

 118 STAT. 931 PUBLIC LAW 108–286—AUG. 3, 2004 AV–VNM RVC= ———— ×100 AV (B) DEFINITIONS.—In subparagraph (A): (i) RVC.—The term ‘‘RVC’’ means the regional value content of the good, expressed as a percentage. (ii) AV.—The term ‘‘AV’’ means the adjusted value of the good. (iii) VNM.—The term ‘‘VNM’’ means the value of nonoriginating materials that are acquired and used by the producer in the production of the good, but does not include the value of a material that is self produced. (3) BUILD UP METHOD.— (A) IN GENERAL.—The regional value content of a good may be calculated on the basis of the following build up method: VOM RVC= ———— ×100 AV (B) DEFINITIONS.—In subparagraph (A): (i) RVC.—The term ‘‘RVC’’ means the regional value content of the good, expressed as a percentage. (ii) AV.—The term ‘‘AV’’ means the adjusted value of the good. (iii) VOM.—The term ‘‘VOM’’ means the value of originating materials that are acquired or self pro duced, and used by the producer in the production of the good. (4) SPECIAL RULE FOR CERTAIN AUTOMOTIVE GOODS.— (A) IN GENERAL.—For purposes of subsection (b)(2), the regional value content of an automotive good referred to in Annex 5–A of the Agreement shall be calculated by the importer, exporter, or producer of the good, on the basis of the following net cost method: NC–VNM RVC= ———— ×100 NC (B) DEFINITIONS.—In subparagraph (A): (i) AUTOMOTIVE GOOD.—The term ‘‘automotive good’’ means a good provided for in any of subheadings 8407.31 through 8407.34, subheading 8408.20, heading 8409, or in any of headings 8701 through 8708. (ii) RVC.—The term ‘‘RVC’’ means the regional value content of the automotive good, expressed as a percentage. (iii) NC.—The term ‘‘NC’’ means the net cost of the automotive good. (iv) VNM.—The term ‘‘VNM’’ means the value of nonoriginating materials that are acquired and used by the producer in the production of the automotive good, but does not include the value of a material that is self produced. (C) MOTOR VEHICLES.—

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