Customs Act 1901

PART IV - THE IMPORTATION OF GOODS  

Division 1A - 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:


(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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