Commonwealth Numbered Acts

CUSTOMS TARIFF (RATE ALTERATION) ACT 1988 No. 53 of 1988 - SECT 8

8. Where the rate of duty that would, but for this Act, be the general rate
applying under Schedule 3 to the Tariff Act under a particular tariff
classification on 1 July 1988 is greater than, or equal to, the rate of duty,
not being "Free", that would, but for this Act, apply under that tariff
classification for a particular Preference Country on that day, then, in any
circumstance where, and on any day when, because of the operation of section
4, 5 or 6, the Tariff Act would have effect as if the general rate of duty
under that tariff classification were reduced to a particular percentage, the
Tariff Act shall also have effect as if the rate specified for that Preference
Country under that tariff classification:

   (a)  were reduced by a percentage equal to the difference between the
        general rate of duty and the general rate of duty as so reduced; or
(b) were reduced to "Free"; whichever is the lesser reduction. CUSTOMS TARIFF
(RATE ALTERATION) ACT 1988 No. 53 of 1988 - SCHEDULE 1