Timor Sea Maritime Boundaries Treaty Consequential Amendments Act 2019 (57 of 2019)

Schedule 1   Provisions commencing when new treaty comes into force

Part 8   Amendment of the Customs Act 1901

Customs Act 1901

57   Section 131AA

Repeal the section, substitute:

131AA No duty on goods for Timor Sea petroleum activities purpose

(1) Goods taken out of Australia for the Timor Sea petroleum activities purpose are not liable to any duty of Customs in relation to the taking of the goods out of Australia.

(2) Goods brought into Australia for the Timor Sea petroleum activities purpose are not liable to any duty of Customs in relation to the bringing of the goods into Australia.