Jason Clare (Blaxland, Australian Labor Party, Minister for Home Affairs ) Share this | Hansard source

I move:

That this bill be now read a second time.

The Customs Tariff Amendment (Malaysia-Australia Free Trade Agreement Implementation) Bill 2012 is the second bill relating to the implementation of the Malaysia-Australia Free Trade Agreement.

It complements the amendments contained in the Customs Amendment (Malaysia-Australia Free Trade Agreement Implementation and Other Measures) Bill 2012.

This bill contains amendments to the Customs Tariff Act 1995 to implement part of the agreement by: providing duty-free access for goods that are Malaysian originating goods; amending schedule 4 to the Customs Tariff Act to maintain customs duty rates for certain Malaysian originating goods in accordance with the applicable concessional item; and creating a new schedule 9 to the Customs Tariff Act to specify excise equivalent duties on certain alcohol, tobacco, and petroleum products.

I commend this bill to the House.

Debate adjourned.

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