Excise and Customs Legislation Amendment (Streamlining Administration) Act 2024 (51 of 2024)

Schedule 1   Streamlining administration

Part 1   Warehouse and excise licensing

Division 1   Main amendments

Customs Act 1901

62   Subsection 102A(3)

Repeal the subsection, substitute:

(3) The holder of a warehouse licence must give the Department notice in accordance with subsection (3A) if:

(a) goods that have previously been released for export from a warehouse covered by the licence are returned to the warehouse; or

(b) excise-equivalent goods that have previously been released for export from a warehouse covered by the licence are returned to a different warehouse covered by that or any other excise-equivalent warehouse licence.

(3A) A notice under subsection (3) must:

(a) be given electronically; and

(b) be given within the period prescribed by the regulations; and

(c) state that the goods have been returned; and

(d) include such particulars of the return of the goods as are required by an approved statement.