Customs Act 1901
PART IV
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THE IMPORTATION OF GOODS
Division 1A
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Preliminary
SECTION 49C
OBLIGATIONS UNDER THIS PART MAY BE SATISFIED IN ACCORDANCE WITH A TRUSTED TRADER AGREEMENT
49C(1)
An entity is released from an obligation that the entity would otherwise be required to satisfy under a provision of this Part (other than Division 1 ) if the obligation:
(a) is of a kind prescribed by rules for the purposes of Part XA ; and
(b) is specified in those rules as an obligation from which an entity may be released; and
(c) is specified in a trusted trader agreement between the Comptroller-General of Customs and the entity. 49C(2)
If:
(a) an obligation must be satisfied under a provision of this Part (other than Division 1 ); and
(b) the obligation:
An entity is released from an obligation that the entity would otherwise be required to satisfy under a provision of this Part (other than Division 1 ) if the obligation:
(a) is of a kind prescribed by rules for the purposes of Part XA ; and
(b) is specified in those rules as an obligation from which an entity may be released; and
(c) is specified in a trusted trader agreement between the Comptroller-General of Customs and the entity. 49C(2)
If:
(a) an obligation must be satisfied under a provision of this Part (other than Division 1 ); and
(b) the obligation:
(i) is of a kind prescribed by rules for the purposes of Part XA ; and
(ii) is specified in those rules as an obligation that may be satisfied in a way other than required by this Part; and
(iii) is specified in a trusted trader agreement between the Comptroller-General of Customs and an entity;
then, despite the relevant provision, the entity may satisfy the obligation in the way specified in the trusted trader agreement.
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