—(1) The Minister may impose a countervailing duty on the subject goods imported into Singapore where he determines —
that a countervailable subsidy is being provided with respect to the subject goods; and
that injury is found to exist in any one of the following ways:
the subject goods are, through the effects of the subsidy, causing material injury to the domestic industry in Singapore producing like goods;
the subject goods are, through the effects of the subsidy, threatening to cause material injury to the domestic industry in Singapore producing like goods; or
the subject goods are, through the effects of the subsidy, causing material retardation of the establishment of the domestic industry in Singapore.
(2) The amount of countervailing duty to be imposed —
shall be equal to the countervailable subsidy determined to be provided with respect to the subject goods; or
if the Minister determines that a lower countervailing duty is sufficient to eliminate the injury determined in subsection (1)(b), shall be such lower duty.
(3) For the purposes of this section —
it must be demonstrated that the subject goods are causing injury within the meaning of this Act;
the demonstration of a causal relationship between the subject goods and the injury to the domestic industry shall be based on an examination of all relevant evidence before the Minister;
the Minister shall also examine any known factors other than the subject goods which at the same time are injuring the domestic industry, and the injuries caused by these other factors must not be attributed to the subject goods.
(4) Where the country of origin of the subject goods is a non-market economy country, the countervailable subsidy and countervailing duty shall be determined in the prescribed manner.