General policy statement
The purpose of this Bill is to liberate importers from the payment of tariffs as currently prescribed by the Tariff Act 1988. The Bill has no effect on the imposition of excise duty charged on imports, nor does it have an effect on the imposition of anti-dumping or countervailing duties.
Clause by clause analysis
Clause 1 is the Title clause.
Clause 2 provides that the Act comes into force on the day after the date on which it receives the Royal assent.
Clause 3 provides that the Act repeals the Tariff Act 1988.
Clause 4 provides for a consequential amendment to the Dumping and Countervailing Duties Act 1988.