Guam § 50205 - Definitions.

§ 50205. Definitions.

For purposes of this Chapter:

(a) “Value added” shall be the difference between the wholesale price of the product, if sold at

wholesale, or the retail price of the product, if sold directly by the manufacturer, and the sum of both

the total landed cost of all material components of the product that have been brought into Guam and

the total landed cost of materials, excluding machinery used in the production process that have been

brought into Guam.

(b) “Substantial transformation” shall mean the conversion of commodities into products of a

different and distinguishable commercial use or character.

(c) “Article” shall mean the commodity or product in a package or container that is available for

purchase by the consumer.

(d) “Perishable consumer commodity” shall mean an article packaged and offered for

consumption as a food product or for use by individuals for the purpose of personal care or in the

performance of services ordinarily rendered in or about the household in connection with personal

possessions; and is intended to have a limited shelf life, including, but not limited to, articles such as

baked goods, dairy products, cut or dried flowers, fruits, vegetables and meats; coffee, candies,

cookies, jams, jellies, juices, oils, nuts, or such similar products.

(e) “Standard Labeling Practices” shall be defined by the most current rules and regulations that

have been established by the United States Food and Drug Administration relative to General Food

Labeling Requirements.

(f) “Permanent” refers to the print on the article’s packaging or container designed to remain until

received by the end user or ultimate purchaser at the point of sale in a retail establishment.

(g) “Legible” shall mean markings which are clearly identified and which can be read without

strain.

(h) “Conspicuous” shall be reflected by markings which appear on the article’s packaging or

container in a place which is readily accessible, and where the marking noting the product’s origin can

be found upon casual examination.