Section 18Sec./Art. 18

Reduction, Modification, and Termination of Action. - Action taken under Section 13 may be reduced, modified, or terminated by the Secretary only after:

(a) Taking into account the results of the monitoring indicated in the report submitted by the Commission under Section 16, he determines that:

(i) No adequate efforts to make a positive adjustment to import competition have been undertaken by the domestic industry; and

(ii) Changed economic circumstances have impaired the effectiveness of action taken under Section 13.

(b) A majority of the representative of the domestic industry submit to the Secretary, at least one (1) year before the expiration, a petition requesting such reduction, modification, or termination on the basis that the domestic industry has made a positive adjustment to import competition.

If reduction, modification, or termination of action is being requested for an action that has been effect for three (3) year or less, the petitioning industry shall submit its request to the Secretary. The Secretary shall refer the request to the Commission, which shall conduct an investigation following the producers under Section 9, to be completed within sixty (60) days from receipt of the request. The Commission shall submit a report to the Secretary who shall then take action after taking into consideration conditions under Section 16(1) and (2), not later than thirty (30) days after receipt of the Commissions report.