PUBLIC LAW 103-182—DEC. 8, 1993 107 STAT. 2073 that can be reasonably allocated to that intermediate material. (12) INDIRECT MATERIAL. — The value of an indirect material shall be based on the Generally Accepted Accounting Principles applicable in the territory of the NAFTA country in which the good is produced. (c) AUTOMOTIVE GOODS. — (1) PASSENGER VEHICLES AND UGHT TRUCKS, AND THEIR AUTOMOTIVE PARTS. —For purposes of calculating the regional value-content under the net cost method for— (A) a goocl that is a motor vehicle for the transport of 15 or fewer persons provided for in subheading 8702.10.00 or 8702.90.00, or a motor vehicle provided for in subheadings 8703.21 through 8703.90, or subheading 8704.21 or 8704.31, or (B) a good provided for in the tariff provisions listed in Annex 403.1 of the Agreement, that is subject to a regional value-content requirement and is for use as original equipment in the production of a motor vehicle for the transport of 15 or fewer persons provided for in subheading 8702.10.00 or 8702.90.00, or a motor vehicle provided for in subheadings 8703.21 through 8703.90, or subheading 8704.21 or 8704.31, the value of nononginating materials used by the producer in the production of the good shall be the sum of the values of all nonoriginating materials, determined in accordance with subsection (b)(9) at the time the nonoriginating materials are received by the first person in the territory of a NAFTA country who takes title to them, that are imported from outside the territories of the NAFTA countries under the tariff provisions listed in Annex 403.1 of the Agreement and are used in the production of the good or that are used in the production of any material used in the production of the good. (2) OTHER VEHICLES AND THEIR AUTOMOTIVE PARTS. —For purposes of calculating the regional value-content under the net cost method for a good that is a motor vehicle provided for in heading 8701, subheading 8704.10, 8704.22, 8704.23, 8704.32, or 8704.90, or heading 8705 or 8706, a motor vehicle for the transport of 16 or more persons provided for in subheading 8702.10.00 or 8702.90.00, or a component identified in Annex 403.2 of the Agreement for use as original equipment in the production of the motor vehicle, the value of nonoriginating materials used by the producer in the production of the good shall be the sum of— (A) for each material used by the producer listed in Annex 403.2 of the Agreement, whether or not produced by the producer, at the choice of the producer and determined in accordance with subsection (b), either— (i) the value of such material that is nonoriginating, or (ii) the value of nonoriginating materials used in the production of such material; and (B) the value of any other nonoriginating material used by the producer that is not listedf in Annex 403.2 of the Agreemeint determined in accordance with subsection (b). (3) AVERAGING PERMITTED.—
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