Customs Amendment (ASEAN-Australia-New Zealand Free Trade Area Second Protocol Implementation and Other Measures) Act 2024 (116 of 2024)

Schedule 2   Other amendments

Part 2   Harmonized System and Product-Specific Rules

Customs Act 1901

10   Subsection 153ZLB(1)

Insert:

Product-Specific Rules means the following:

(a) Annex 2 of the Agreement, unless paragraph (b) applies;

(b) if:

(i) there is a revision (as mentioned in paragraph 2 of Article 3.24 of Chapter 3 of the Agreement) to Annex 2 of the Agreement because of an updated version of the Harmonized Commodity Description and Coding System and the revision is endorsed and comes into effect as mentioned in that paragraph; and

(ii) that Annex has not been amended or replaced as a result of that revision; and

(iii) that Annex has not been amended or replaced as a result of a further updated version of the Harmonized Commodity Description and Coding System;

that Annex as so revised.