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Brief
This Act aims to provide for certain application and transitional matters relating to international trade modernisation, amend customs legislation, and other purposes.
It provides a comprehensive framework for implementing international trade modernisation measures in Australia. The amendments made by this Act include changes to the Customs Act 1901, the import entry provisions, and the cargo reporting requirements.
The Act has several key features, including:
- A new definition of "self-assessed clearance declaration" that replaces the existing definition
- Amendments to sections 64AAA and 64ABAB of the Customs Act 1901
- Repeal of section 71 of the Customs Act 1901 and its replacement with a new provision
The amendments made by this Act take effect on different dates, with some provisions commencing on July 19, 2005, while others commence at a later time.
This Act is part of a broader effort to modernize Australia's customs legislation and ensure that it is consistent with international trade practices. The amendments made by this Act are intended to improve the efficiency and effectiveness of customs operations in Australia, while also ensuring compliance with international trade agreements.
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