EIC 294/11/6/1
Allocation of yardage
5.
2.
Allocations under this scheme will be made initially by means of export authorizations issued on a descending Hong Kong cost content basis.
6. If export authorization applications for printed piecegoods at any stage exceed the yardage available but applications for finished piecegoods (other than printed) fall short, valid applications for printed piecegoods will be approved up to the amount of the shortfall for finished piecegoods (other than printed), and vice versa.
7.
A Notice to Exporters will be published giving full details of yardage allocations by categories and the cut-off levels immediately after the allocations are made...Should there be any yardage remaining after the initial allocation, the Notice to Exporters will also give details calling for further applications.
Details required in applications
8. Shippers are now invited to apply for export authorizations. Appli- cations received by 5 p.m. on Tuesday, 21st January, 1969 will be considered together. The Department will reject any application for yardage which exceeds the total yardage available.
9. All finished piecegoods shipped under this scheme must have been spun, woven and processed by spinning, weaving and finishing mills registered with the Department and approved for Commonwealth Preference purposes by the United Kingdom Customs authorities. A list of finishers currently qualified can be obtained from the Department's Textile Licensing Office.
10. Any shipper may apply for export authorizations provided the finished piecegoods attain the specified minimum qualifying costs for the loomstate cloth, finishes and combined costs per square yard. Each application for an export authorization should fully describe the goods concerned. The descrip- tions must include cloth constructions, yarn counts, type of yarns (carded/ combed), loomstate width and finishing processes undergone. Applications containing, inadequate or misleading descriptions may be rejected.
11.
Each application must be supported by
(a) À cost statement in the form of Appendix III to this Notice.
Each costing must relate to only one type of construction of fabric. If there are colour variations in piecegoods supported by one costing, the costs shown must be in respect of the colour pattern yielding the lowest Hong Kong cost content. The Hong Kong content -
(i) allocated to the loomstate piecegoods per square yard should correspond to the costs shown in column (d) of Appendices II and IIA to this Notice. No deviation will te allowed from these costs which represent the standard of prices of the materials concerned less the cost of imported raw cotton used in their production;
(ii) of the finishing charges claimed must be in accordance with Appendix I to this Notice. These arbitrary costs represent the finishing charges less the cost of imported finishing materials and overseas royalties, but include` the cost of ancillary processes such as desizing, singeing, calendering, stentering and inspection.
/When....
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