This Part amends the Customs and Excise Act 2018.

After section 435(6)(b), insert:

After section 435(7)(b), insert:

Replace section 435(8) with:

This Part amends the Tariff Act 1988.

In section 2(1), insert in their appropriate alphabetical order:

After section 7A(1)(bb), insert:

In section 7A(3), after “specified TPA party,”, insert “a specified RCEP party,”.

In section 15A, definition of free trade agreement, after paragraph (g), insert:

In section 15H(1)(b)(ii), replace “or the Republic of Korea FTA,” with “the Republic of Korea FTA, or the RCEP,”.

This Part, in accordance with section 9F(1) of the Tariff Act 1988, amends the Tariff.

In the notes to the Tariff, note 2, penultimate paragraph, after “PPP,”, insert “RCEP,”.