“specified TPA party means a country that is for the time being declared by Order in Council to be a specified TPA party for the purposes of this Act

“TPA means the Trans-Pacific Strategic Economic Partnership Agreement that was opened for signature by Brunei Darussalam, Chile, New Zealand, and Singapore on 15 June 2005.”

• “(i) in the case of goods—

  • “(i) being the produce or manufacture of a specified TPA party; and

  • “(ii) being goods included in a Tariff item in respect of which a rate of duty is specified after the abbreviation TPA in the column headed Preferential Tariff,—

  at the rate so specified.”

• “(5) The Governor-General may, by Order in Council, declare a country to be a specified TPA party for the purposes of this Act if the country—

  • “(a) is a party to the TPA; or

  • “(b) is provisionally applying the terms of the TPA.

• “(6) If, by an Order in Council made under subsection (5), a country is declared to be a TPA party for the purposes of this Act, the Governor-General may, by the same or any subsequent Order in Council,—

  • “(a) declare that, in relation to any specified Tariff items, any rate of duty or exemption from duty otherwise applicable to a specified TPA party is not to apply to that country:

  • “(b) modify the Tariff rates of duty applicable to goods from that country, in whole or in part.

• “(7) No modification made under subsection (6)(b) may have the effect of imposing on any goods a higher duty than that set out in respect of those goods in the Normal Tariff, unless the Governor-General is satisfied that the modification is—

  • “(a) necessary or advisable in the public interest; and

  • “(b) consistent with New Zealand's international obligations.”