Explanatory note
This note is not part of the regulations but is intended to indicate their general effect.
These regulations, which come into force at 3 pm on 25 May 1998, amend the Customs and Excise Regulations 1996.
Regulation 68 of the principal regulations is amended to impose a condition on the payment of drawback of duty in respect of certain motor vehicles. The effect of the new condition is that, before a drawback of duty will be allowed, the exporter of the vehicle must satisfy the Chief Executive of the New Zealand Customs Service that the vehicle is not intended to be subsequently imported into New Zealand within a 12-month period following the date of the exportation of the vehicle.