Commonwealth Numbered Acts

CUSTOMS TARIFF (ANTI-DUMPING) (WORLD TRADE ORGANIZATION AMENDMENTS) ACT 1994 No. 151 of 1994 - SECT 7

7. After section 11 of the Principal Act the following section is inserted:
Interim duty not to exceed security taken

"12. If:

   (a)  a security has been taken under section 42 of the Customs Act 1901 in
        respect of interim duty that may become payable under section 8, 9, 10
        or 11 of this Act in respect of goods imported into Australia; and

   (b)  the amount of interim duty that would be so payable under section 8,
        9, 10 or 11 of this Act would, but for the operation of this section,
        exceed the amount of the security taken; the interim duty payable is
        equal to the amount of security taken.".