Page:United States Statutes at Large Volume 54 Part 2.djvu/682

 54 STAT.] GREAT BRITAIN-RECIPROCAL TRADE-NOV. 17, 1938 ARTICLE XIV The provisions of Article IX, Article X, Article XI and Article XII of this Agreement shall not prevent the imposition at any time on the importation of any article of a charge equivalent to an internal tax imposed in respect of a like domestic article or in respect of a commodity from which the imported article has been produced or manufactured in whole or in part. ARTICLE XV 1. No prohibition, restriction or any form of quantitative regula- tion, whether or not operated in connection with an agency of cen- tralized control, shall be imposed or maintained in the United King- dom or Newfoundland on the importation or sale of any article the growth, produce or manufacture of the United States of America specified m Schedules I or II, respectively; or in any territory named in Schedule III on the importation or sale of any such article specified in that Schedule in respect of such territory; or in the United States of America on the importation or sale of any article the growth, prod- uce or manufacture of any of the territories to which this Agreement applies on the part of His Majesty the King, enumerated and de- scribed in Schedule IV, except as otherwise expressly provided in the said Schedules I, II, III or IV, as the case may be. 2. The foregoing provision shall not apply to quantitative regula- tions, in whatever form, which may hereafter be imposed by either High Contracting Party on the importation or sale of any article the growth, produce or manufacture of the territories of the other, in con- ]unction with governmental measures or measures under governmental authority (a) operating to regulate or control the production, market supply, quality or price of the like article of domestic growth, produc- tion or manufacture; or (b) operating to increase the labor costs of production of the like article of domestic growth, production or manufacture; Provided, however, that the High Contracting Party proposing to impose any such quantitative regulation is satisfied, in the case of measures described in subparagraph (a) of this paragraph, that such quantitative regulation is necessary to secure the effective operation of such measures, and, in the case of measures described in sub- paragraph (b), that such measures are causing the domestic produc- tion of the article concerned to be injuriously affected by imports which constitute an abnormal proportion of the total consumption of such article in relation to the proportion supplied in the past by foreign countries. 3. Whenever either High Contracting Party proposes to impose or to effect a substantial alteration in any quantitative regulation au- thorized by the preceding paragraph, that High Contracting Party shall give notice m writing to that effect to the other and shall, upon request, enter into consultation regarding the matter. If agreement is not reached within thirty days after the receipt of the notice the High Contracting Party giving such notice shall be free to impose or alter the regulation at any time, and the other High Contracting Party shall be free within fifteen days after such action is taken to terminate this Agreement in its entirety on giving thirty days' notice in writing to that effect. No quantitative reg- ulation, etc. Post,pp. 1907,1919. Post, p. 1924. Post, p. 1954. Exceptions. Notice to other party of proposed change. Right to terminate. 1903 Charge equivalent to internal tax.

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