Customs Legislation Amendment (Application of International Trade Modernisation and Other Measures) Act 2004 (25 of 2004)

Schedule 1   ITM import amendments

Customs Act 1901

13   After subsection 71E(2B)

Insert:

(2C) This subsection applies to goods if:

(a) the goods are:

(i) accompanied by, and described in, temporary admission papers issued in accordance with an agreement between Australia and one or more other countries that provides for the temporary importation of goods without payment of duty; or

(ii) subject to an application under section 162AA for permission to take delivery of goods; and

(b) neither of the following applies:

(i) the CEO has refused to accept a security or undertaking under section 162A in relation to the goods;

(ii) a Collector has refused to grant permission under section 162A to take delivery of the goods.