Clause 2

giving a subsidy are references to giving, directly or indirectly, a bounty or subsidy on the production or export of goods (whether by grant, loan, tax relief or in any other way and whether related directly to the goods themselves, to materials of the goods or to something else), and include —

the giving of any special subsidy on the transport of a particular product, and

the giving of favourable treatment to producers or exporters in the course of administering any Governmental control over exchange or currencies where such treatment has the effect of bringing about a reduction of the prices of goods offered for export,but do not include the application of restrictions or charges on the export of materials from any country so as to favour producers in that country who use those materials in goods produced by them;

producing goods include references to growing or manufacturing goods and to the application of any process in the course of producing goods;

the country in which goods originated shall be taken, in a case where there are two or more countries which answer that description, as a reference to any of those countries;

the country from which goods are exported to Singapore are references to the country from which they were consigned to Singapore; and goods which in the course of consignment from any country to Singapore pass through or are transhipped in any third country shall not on that account be regarded for the purposes of this Ordinance as having been exported from that third country.