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Brief
The Customs Securities (Penalties) Act 1981 is an Australian law that provides penalties for refusal or failure to give certain securities with respect to the importation into Australia of dutiable goods. The Act may be cited as the Customs Securities (Penalties) Act 1981 and comes into operation on the day on which the Customs Amendment (Tenders) Act 1981 comes into operation. The Comptroller-General of Customs has the general administration of this Act.
The Act defines "Customs undertaking" and "prescribed percentage" in relation to goods, and provides for penalties where a person refuses or fails to give a security for payment of any penalty in connection with a relevant Customs undertaking.
This compilation includes amendments up to Act No. 33, 2016, and was registered on 4 July 2016. The endnotes provide information about this compilation and the compiled law, including an abbreviation key, legislation history, and amendment history.
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