This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on the 28th day after the date of their notification in the Gazette, amend the Customs and Excise Regulations 1996.
Regulation 2 amends regulation 44 of the principal regulations by substituting a new definition of the term Forum Island Country. Under the Tariff Act 1988, preferential treatment may be given to the produce or manufacture of a country (other than New Zealand or Australia) in relation to which, at the time of the importation or entry of the goods into New Zealand, the South Pacific Regional Trade and Economic Co-operation Agreement is in force. The current definition or Forum Island Country in the principal regulations, while intended to cover the countries (other than New Zealand and Australia) that are party to that Agreement, provides a list of specific countries. That list is now out of date. The new definition will, instead of naming particular countries, cover every country (other than New Zealand or Australia) for which the South Pacific Regional Trade and Economic Co-operation Agreement is for the time being in force.
Regulation 3 inserts a new regulation 52A into the principal regulations relating to the requirement of entering New Zealand wine for excise purposes. The new regulation provides that, when wine is stored in a Customs controlled area on behalf of the manufacturer of the wine, entries in respect of the wine must be made by the manufacturer, rather than the licensee of the area.