Customs Amendment (Product Specific Rule Modernisation) Act 2018 (151 of 2018)

Schedule 1   Amendments

Part 3   Japanese originating goods

Customs Act 1901

22   Subsection 153ZNF(2)

Repeal the subsection, substitute:

Qualifying value content

(2) However, if:

(a) a requirement that applies in relation to the goods is that the goods must have a qualifying value content of not less than a particular percentage worked out in a particular way; and

(b) the packaging material or container is a non-originating material;

the regulations must provide for the value of the packaging material or container to be taken into account for the purposes of working out the qualifying value content of the goods.

Note: The value of the packaging material or container is to be worked out in accordance with the regulations: see subsection 153ZNB(3).