Sec. 314. TERMINATION OF RELIEF AUTHORITY

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## SEC. 314 TERMINATION OF RELIEF AUTHORITY ###

(a)General Rule Subject to subsection (b), no import relief may be provided under this subtitle after the date that is 10 years after the date on which the Agreement enters into force. ###

(b)Exception If an article for which relief is provided under this subtitle is an article for which the period for tariff elimination, set forth in the Schedule of the United States to Annex 2-B of the Agreement, is greater than 10 years, no relief under this subtitle may be provided for that article after the date on which that period ends. ###

(c)Presidential Determination Import relief may be provided under this subtitle in the case of a Korean article after the date on which such relief would, but for this subsection, terminate under subsection

(a)and (b), if the President determines that Korea has consented to such relief.