Customs Amendment (2007 Harmonized System Changes) Act 2006 (119 of 2006)
Schedule 1 Amendments
Customs Act 1901
1 After subsection 269SD(2)
Insert:
(2A) If, because of an amendment of a Customs Tariff, the CEO is satisfied that the tariff classification that is stated in a TCO to apply to the goods the subject of the TCO will not apply to those goods from a particular day, the CEO may:
(a) make an order revoking the TCO with effect from that day; and
(b) make a new TCO in respect of the goods with effect from that day.