16CAscertainment of increase in export sales

#### 16C Ascertainment of increase in export sales (1) For the purposes of this Division, the amount of the increase in export sales of a person for a rebate year shall be ascertained in accordance with this section. (2) Subject to the next succeeding subsection, the amount is the excess, if any, of the value of export sales of the person for the rebate year over one‑third of the value of export sales of the person for the base period. (3) In the case of a person who is a new exporter, the amount in relation to a rebate year that is the first, second, third, fourth, fifth, sixth, seventh or eighth export year is the excess, if any, of the value of export sales of the person for the rebate year over the amount, if any, ascertained in respect of that year in accordance with the next succeeding subsection. (4) The amount to be ascertained for the purposes of the last preceding subsection is: (a) in respect of the first export year—nil; and (b) in respect of any other year—the amount ascertained in accordance with the formula set out opposite the reference to that year in the following table: Second export year —  Third export year —  Fourth export year —  Fifth export year —  Sixth export year —  Seventh export year —  Eighth export year —  (5) For purposes of the formulae in the last preceding subsection, a, b and c are the value of export sales of the person for the first, second and third export years respectively.