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

15   Subsection 153ZQB(1) (paragraph (b) of the definition of Harmonized System)

Repeal the paragraph, substitute:

(b) if either of the following events occurs:

(i) Annex 3A to Chapter 3 of the Agreement is amended or replaced to refer to Chapters, headings and subheadings of an updated version of the Harmonized Commodity Description and Coding System;

(ii) there is a transposition (as mentioned in paragraph 3 of Article 3.34 of Chapter 3 of the Agreement) of Annex 3A to Chapter 3 of the Agreement because of an updated version of the Harmonized Commodity Description and Coding System and the transposition is adopted as mentioned in that paragraph;

the version of the Harmonized Commodity Description and Coding System covered by whichever of those events occurred most recently.