Document ID: chunk:federal_register_of_legislation:C2004A00749:clause:2_15
Version: federal_register_of_legislation:C2004A00749
Segment Type: clause
Provision Reference: sch 2 cl 15
Character Range: 16612–17969

15  At the end of Division 7
Add:

7‑20  Meaning of non‑taxable re‑importation

 (1) An *importation of a *car is a non‑taxable re‑importation if:
 (a) the car was exported from Australia and is returned to Australia, without having been subject to any treatment, industrial processing, repair, renovation, alteration or any other process since its export; and
 (b) the importer:
 (i) is the manufacturer of the car; or
 (ii) has previously acquired the car, and the supply by means of which the importer acquired the goods was a *taxable supply of a luxury car; or
 (iii) has previously imported the car, and the previous importation was a *taxable importation of a luxury car.

 (2) An importation of a *car is a non‑taxable re‑importation if:
 (a) the importer had manufactured, acquired or imported the car before 1 July 2000; and
 (b) the car was exported from Australia before, on or after 1 July 2000; and
 (c) the car is returned to Australia on or after 1 July 2000, without having been subject to any treatment, industrial processing, repair, renovation, alteration or any other process since its export; and
 (d) the ownership of the car when it is returned to Australia is the same as its ownership on 1 July 2000.

Note: An importation covered by this section may also be duty‑free under item 17 of Schedule 4 to the Customs Tariff Act 1995.