A New Tax System (Indirect Tax and Consequential Amendments) Act 1999 (176 of 1999)
Schedule 7 Amendments relating to the Tradex Scheme
Part 1 Amendments commencing before 1 July 2000
Sales Tax Assessment Act 1992
3 Section 5
tradex scheme goods means imported goods that:
(a) are nominated goods (within the meaning of the Tradex Scheme Act 1999) in relation to a tradex order; and
(b) were covered by exemption Item 185A at the time of their local entry.
However, the goods cease to be tradex scheme goods if:
(c) any of the circumstances referred to in subsection 21(1) of that Act occur in respect of any of the goods; or
(d) the goods are exported.