Taxation Laws Amendment Act (No. 8) 2000 (156 of 2000)

Schedule 2   Imports

Customs Act 1901

23   Paragraph 162A(5)(b) (but not the note)

Repeal the paragraph, substitute:

(b) the goods are not exported:

(i) within such period, not exceeding 12 months, after the date on which the goods were imported as is notified to the person who imported the goods by the Collector when he or she grants permission to take delivery of the goods; or

(ii) within such further period as the CEO, on the application of the person who imported the goods and of the person who gave the security or undertaking with respect to the goods, allows;

and none of the circumstances or conditions specified in the regulations apply in relation to the goods.