§ 351.520. Export insurance.
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/us/cfr/t19/s§ 351.520·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Benefit---(1) In general. In the case of export insurance, a benefit exists if the premium rates charged are inadequate to cover the long-term operating costs and losses of the program normally over a five-year period.
(2)Amount of the benefit. If the Secretary determines under paragraph (a)(1) of this section that premium rates are inadequate, the Secretary normally will calculate the amount of the benefit as the difference between the amount of premiums paid by the firm and the amount received by the firm under the insurance program during the period of investigation or review.
(b)Time of receipt of benefit. In the case of export insurance, the Secretary normally will consider the benefit as having been received in the year in which the difference described in paragraph (a)(2) of this section occurs.
(c)Allocation of benefit to a particular time period. The Secretary normally will allocate (expense) the benefit from export insurance to the year in which the benefit is considered to have been received under paragraph
(b)of this section. \[63 FR 65407, Nov. 25, 1998, as amended at 89 FR 20841, Mar. 25, 2024\]
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register
- NoticesNotice of Request for Nominations
- NoticesNotice of preliminary results of countervailing duty administrative review
- NoticesNotice of preliminary affirmative countervailing duty determination
- NoticesImport Administration, International Trade Administration, Department of Commerce
- NoticesImport Administration, International Trade Administration, Department of Commerce
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§ 351.520
Export insurance.
Fed. Reg.×8
Cites 0Cited by 8 across 1 source