Gastrobar&Drinks

China Australia Free Trade Agreement Text

Territory of Australia, within the meaning of Article 1.3 of the agreement, within the meaning of Article 1.3 of the agreement. Section 1.3 includes, for Australia, the Australian Coastline Sea, the adjacent area, the exclusive economic zone and the continental shelf, but includes Australia`s outer territories, with the exception of Norfolk Island, Christmas Island, Icelandic Cocos (Keeling), Ashmore and Cartier Islands, Heard Island and McDonald Island, as well as the Islands of the Coral Sea. the territory of China, that is, the territory as defined in Article 1.3 of the agreement, to the extent that it concerns China, and does not cover the customs territory of the following members of the World Trade Organization established by the World Trade Agreement: a) Hong Kong, China; b) Macau, China; c) Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu. The World Trade Agreement refers to the Marrakesh Agreement establishing the World Trade Organization concluded in Marrakech on 15 April 1994. The note on this definition states that the text of the Australian Treaty Library Agreement was available on the AustLII website in 2015. 15. The regional value of goods within the meaning of Division 1L must be developed in accordance with the rules. Regulations may impose different regional value rules for different types of products. 16.

The new subsection 153ZOB (2) stipulates that the regional value of goods within the meaning of Division 1L must be developed in accordance with the rules. Regulations may impose different regional value rules for different types of products. 17. The new subsection 153ZOB (3) provides that the value of the goods must be established for the purposes of Division 1L in accordance with the rules and that regulations may impose different valuation rules for different types of products. The value of the goods is relevant to the determination. B of the goods` compliance with the de minimis requirement under Article 3.7 of the agreement. The value of goods must be distinguished from the customs value of goods, which must be developed in accordance with Section 159 of the Customs Act. The new subsection 153ZOB (4) provides that regulations may refer to HS when establishing tariff classifications for Division 1L. The product-specific provisions in Schedule II of the agreement refer to HS tariff classifications.

Lucio • 8 abril, 2021


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