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2002-2003-2004
(Circulated
by authority of the
Minister for Justice and Customs,
Senator
the Honourable Christopher Martin Ellison)
CUSTOMS TARIFF AMENDMENT (PARAQUAT DICHLORIDE) BILL
2004
The purpose of this Bill is to amend the Customs Tariff Act 1995
(the Tariff) to insert a new Additional Note to Chapter 29 of the Tariff to
allow the chemical paraquat dichloride, with an added emetic, to be classified
in subheading 2933.39.00 in that Chapter.
FINANCIAL IMPACT
STATEMENT
The Bill is expected to result in minimal revenue
loss.
CUSTOMS TARIFF AMENDMENT (PARAQUAT DICHLORIDE)
BILL 2004
Clause 1 - Short Title
This clause provides for the
Act, when enacted, to be cited as the “Customs Tariff Amendment
(Paraquat Dichloride) Act 2004”.
Clause 2 - Commencement
This clause specifies that this Act is taken to have commenced on 24
March 2003.
Clause 3 - Schedule(s)
This clause is the
formal enabling provision for the Schedule to the Bill, providing that each Act
specified in the Schedule is amended in accordance with the applicable items of
that Schedule. The clause also provides that other items of the Schedule have
effect according to their own terms.
SUMMARY OF
AMENDMENTS
The amendments contained in these items insert a new Additional Note
(Additional Note 2) to Chapter 29 of the Tariff.
This Note will allow the
chemical paraquat dichloride with an added emetic to be classified in subheading
2933.39.00, which attracts a rate of duty of free. The insertion of this Note
corrects an anomaly in the Tariff where paraquat dichloride with an emetic added
as a safety agent is classified in Chapter 38 where it attracts a duty rate
of 5%.
The Tariff permits the classification in Chapter 29 of
paraquat dichloride with other added safety measures such as anti-dusting,
colouring or stenching agents. The purpose of these amendments is to achieve
the same duty outcome for paraquat dichloride with an added emetic.