SINGAPORE-AUSTRALIA FREE TRADE AGREEMENT (SAFTA)
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ANNEX 4-II: RESERVATIONS TO CHAPTER 7 (TRADE IN SERVICES) AND CHAPTER 8 (INVESTMENT)
(UN CPC code).
or activities for which it may maintain existing or adopt new measures that do not conform with obligations imposed by Articles 3 (Market Access) and 4 (National Treatment) in Chapter 7 (Trade in Services) and Article 3 (National Treatment) in Chapter 8 (Investment).
stated in the Description of Reservation element. In the interpretation of a reservation, all elements of the reservation shall be considered in their totality.
Each reservation sets out the following elements:
(a) Sector refers to the general sector in which the reservation is taken;
(b) Sub-Sector refers to the specific sector in which the reservation is taken;
(c) Industry Classification refers, where applicable, to the activity covered by the reservation according to the UN CPC code or domestic industry classification codes;
(d) Type of Reservation specifies the obligation (National Treatment, Market Access) for which a reservation is taken;
(e) Description of Reservation sets out the scope of the sector, sub-sector
or activities to which the reservation applies; and
(f) Existing Measures identifies, for transparency purposes only, existing laws, regulations, rules, procedures, decisions, administrative actions or any
other forms in relation to the non-conforming measures that apply to the
sector, sub-sector or activities covered by the reservation. The measures stipulated therein are not exhaustive.