Philip Ruddock (Berowra, Liberal Party, Attorney-General) Share this | Link to this | Hansard source

I move:

That this bill be now read a second time.

The Customs Amendment (2007 Harmonized System Changes) Bill 2006 contains amendments to the Customs Act 1901 that are complementary to the amendments contained in the Customs Tariff Amendment (2007 Harmonized System Changes) Bill 2006.

The Customs Amendment (2007 Harmonized System Changes) Bill 2006 will enable the revocation of about 700 tariff concession orders that will be affected by the amendments to the Customs Tariff Act 1995 contained in the Customs Tariff Amendment (2007 Harmonized System Changes) Bill 2006. Up to 1,200 tariff concession orders will also need to be made to replace those that will be revoked.

Tariff concession orders provide ‘free’ rate of customs duty for imported goods when there are no substitutable domestically produced goods.

This bill will ensure the seamless application of tariff concession orders to goods imported before and after 1 January 2007.

Debate (on motion by Mr Gavan O’Connor) adjourned.