Bill
Customs Tariff Amendment (Korea-Australia Free Trade Agreement Implementation) Bill 2014
passed, as at 2014-10-21. Immigration and Border Protection portfolio.
- Sponsor
- Not recorded
- Portfolio
- Immigration and Border Protection
Recorded stages
- introduced — 2014-09-04
- second reading — 2014-09-04
- second reading — 2014-09-23
- other — 2014-09-23
- second reading — 2014-09-24
- second reading — 2014-09-25
- second reading — 2014-09-25
- other — 2014-09-25
- third reading — 2014-09-25
- introduced — 2014-09-30
- second reading — 2014-09-30
- second reading — 2014-10-01
- second reading — 2014-10-01
- third reading — 2014-10-01
- passed — 2014-10-01
- royal assent — 2014-10-21
Divisions
No divisions recorded. Most questions are decided on the voices; this does not establish that a bill was unopposed.
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2014-09-04.
This bill would change customs duties to put the Korea-Australia Free Trade Agreement into effect.
It would set zero duty rates for Korean goods that meet the origin rules in a new part of the Customs Act, adjust existing concessional rates, and phase some preferential rates down to zero by 2021.
A new schedule would list the preferential, phasing and excise-equivalent rates for alcohol, tobacco and petroleum products.
- Provides free rates of customs duty for Korean originating goods.
- Amends Schedule 4 to maintain duty rates for certain Korean goods under concessional items.
- Phases preferential rates for certain goods to Free by 2021.
- Inserts a new Schedule 10 for preferential, phasing and excise-equivalent rates.
Importers of Korean originating goods and the Australian Customs and Border Protection Service.
Sources
em
billhome
frl act