A New Tax System (Indirect Tax and Consequential Amendments) Act 1999 (176 of 1999)

Schedule 2   Customs Act 1901

Part 1   Amendments commencing on Royal Assent

14   Subsection 162A(8)

Repeal the subsection, substitute:

(8) If the circumstances described in paragraph (5)(a) or (b) or (5A)(a) or (b) exist in relation to the goods:

(a) a security relating to the goods may be enforced; and

(b) if an undertaking has been given to pay the amount of the duty (if any), GST (if any) and luxury car tax (if any) associated with the import of the goods - the amount may be recovered at any time in a court of competent jurisdiction by proceedings in the name of:

(i) the CEO; or

(ii) the Regional Director for a State or Territory.