(1) In determining the value of the content of a component produced by a Member State for the purposes of section 2(a), no account shall be taken of any element in the cost of that component, except the value of the imported raw material content.
(2) For the purposes of section 2(c) and 2(d), a company is considered not to be resident in a Member State if it is controlled directly or indirectly by a person (including a company) who is not resident in a Member State (hereinafter referred to as a “non-resident”).
(3) A non-resident is considered to have control of a company if he or she owns or is entitled to purchase the greater part of the ordinary and paid up share capital (not including shares which carry no voting rights) of the company.