13Import or manufacture share—co‑regulatory membership for part of year

13 Import or manufacture share—co‑regulatory membership for part of year

(1) This section applies if: (a) an approved co‑regulatory arrangement is working out its import or manufacture share of a kind of television or computer products, for a financial year; and (b) a liable party was a member of the co‑regulatory arrangement for only part of the financial year. (2) For the purposes of subsection 11(4), the approved co‑regulatory arrangement must count only a proportion of the kind of television or computer products that were imported or manufactured in Australia by the member, as worked out using the following formula: Start formula start fraction Membership days over Number of days in year end fraction times Number of products end formula where:

membership days means the number of days in the financial year for which the liable party was a member of the approved co‑regulatory arrangement.

number of days in year means the number of days in the financial year.

number of products means the number of that kind of television or computer product imported or manufactured in Australia by the liable party in the year before the financial year.

Note: Example: A liable party imported 36,500 web cameras in the year before the financial year. The liable party was a member of a co‑regulatory arrangement for 100 days of the financial year.

Note: The co‑regulatory arrangement must count only 10,000 of the web cameras when working out its import or manufacture share for the financial year.

Note: The number of 10,000 web cameras to be counted is worked out using the formula:

Note: Start formula start fraction 100 over 365 end fraction times 36,500 end formula

(3) For the purposes of subsection (2), if the liable party: (a) becomes a member of an approved co‑regulatory arrangement after 1 July in a financial year; and (b) has not previously been a member of another approved co‑regulatory arrangement in the financial year; the liable party is taken to be a member of the approved co‑regulatory arrangement from 1 July of the financial year.

Note: Example: A liable party is not a member of an approved co‑regulatory arrangement between 1 July 2021 and 31 August 2021, when the liable party becomes a member of approved co‑regulatory arrangement ABC. The liable party remains a member of approved co‑regulatory arrangement ABC until 30 June 2022.