EFFECT OF TERMINATION OF NAFTA COUNTRY STATUS.

SEC. 415. EFFECT OF TERMINATION OF NAFTA COUNTRY STATUS. (a) In General.— Except as provided in subsection (b), on the date on which a country ceases to be a NAFTA country, the provisions of this title (other than this section) and the amendments made by this title shall cease to have effect with respect to that country. (b) Transition Provisions.— (1) Proceedings regarding protective orders and undertakings.— If on the date on which a country ceases to be a NAFTA country an investigation or enforcement proceeding concerning the violation of a protective order issued under section 777(f) of the Tariff Act of 1930 (as amended by this subtitle) or an undertaking of the Government of that country is pending, the investigation or proceeding shall continue, and sanctions may continue to be imposed, in accordance with the provisions of such section 777(f). (2) Binational panel and extraordinary challenge committee reviews.— If on the date on which a country ceases to be a NAFTA country— (A) a binational panel review under article 1904 of the Agreement is pending, or has been requested; or (B) an extraordinary challenge committee review under article 1904 of the Agreement is pending, or has been requested; with respect to a determination which involves a class or kind of merchandise and to which section 516A(g)(2) of the Tariff Act of 1930 applies, such determination shall be reviewable under section 516A(a) of the Tariff Act of 1930. In the case of a determination to which the provisions of this paragraph apply, the time limits for commencing an action under 516A(a) of the Tariff Act of 1930 shall not begin to run until the date on which the Agreement ceases to be in force with respect to that country.