House of Representatives

Customs Amendment (Australia-Chile Free Trade Agreement Implementation) Bill 2008

Explanatory Memorandum

Circulated By Authority of the Minister for Home Affairs, the Honourable Bob Debus Mp

FINANCIAL IMPACT STATEMENT

It is estimated that the customs duty forgone as a result of the implementation of the Agreement will be approximately $1.9 million in 2008-09 and between $4 million to $4.5 million per year between 2009 to 2012.


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