Explanatory Memorandum
Circulated By Authority of the Minister for Home Affairs, the Honourable Bob Debus MpFINANCIAL IMPACT STATEMENT
It is estimated that the customs duty forgone as a result of the implementation of the Agreement will be approximately $1.9 million in 2008-09 and between $4 million to $4.5 million per year between 2009 to 2012.