Customs Licensing Charges Amendment Act 2024

(80 of 2024)

An Act to amend the Customs Licensing Charges Act 1997, and for related purposes

[Assented to 5 September 2024]

The Parliament of Australia enacts:

1   Short title

This Act is the Customs Licensing Charges Amendment Act 2024.

2   Commencement

 

(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information

   

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1. The whole of this Act

A single day to be fixed by Proclamation.

However, if the provisions do not commence within the period of 6 months beginning on the day this Act receives the Royal Assent, they commence on the day after the end of that period.

 

Note: This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.

      

(2) Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.

3   Schedules

Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1   Amendments

Customs Licensing Charges Act 1997

1   Section 6

Repeal the section, substitute:

6 Amount of depot licence charge

Grant of licence

(1) The amount of depot licence charge payable in respect of the grant of a depot licence is:

(a) for the grant of a depot licence that comes into force on a 1 July - $4,000, or, if another amount not exceeding $6,000 is prescribed, that other amount; or

(b) for the grant of a depot licence that comes into force on a day in a financial year other than 1 July - the amount worked out using the formula:

Renewal of licence

(2) Subject to subsection (3), the amount of depot licence charge payable in respect of the renewal of a depot licence is $4,000, or, if another amount not exceeding $6,000 is prescribed, that other amount.

(3) If:

(a) the depot concerned was licensed under Part IVA of the Customs Act during the whole of the period of 12 months ending on the last 31 March before the start of the financial year for which the renewal is sought; and

(b) there were less than 300 transactions handled in relation to the depot during that 12-month period;

the amount of depot licence charge payable in respect of the renewal of the depot licence is $1,500, or, if another amount not exceeding $2,250 is prescribed, that other amount.

2   Application provision

The repeal and substitution of section 6 of the Customs Licensing Charges Act 1997 made by this Schedule applies in relation to the following:

(a) the grant of a depot licence on or after the day on which this item commences;

(b) the renewal of a depot licence on or after the day on which this item commences, whether the depot licence was granted before, on or after that day.