Document ID: chunk:federal_register_of_legislation:C2015A00073:clause:1_177
Version: federal_register_of_legislation:C2015A00073
Segment Type: clause
Provision Reference: sch 1 cl 177
Character Range: 8366–10017

177  Variation of a trusted trader agreement
 (1) This section applies if:
 (a) a trusted trader agreement is entered into with an entity; and
 (b) the Comptroller‑General of Customs is satisfied that the entity satisfies the qualification criteria set out in the rules.
 (2) The Comptroller‑General of Customs may vary a trusted trader agreement to provide for:
 (a) the entity to be released from an obligation, of a kind prescribed by the rules and specified in the agreement, that the entity would otherwise be required to satisfy under Part IV (other than Division 1) or Part VI (other than Division 1); or
 (b) the entity to satisfy an obligation, of a kind prescribed by the rules and specified in the agreement, that the entity would otherwise be required to satisfy under Part IV (other than Division 1) or Part VI (other than Division 1) in a way specified in the agreement.
Note: Parts IV and VI deal with the importation and the exportation of goods, respectively.
 (3) The Comptroller‑General of Customs may vary a trusted trader agreement to provide for benefits of a kind prescribed by the rules and specified in the agreement.
 (4) In deciding whether to vary a trusted trader agreement, the Comptroller‑General of Customs must consider:
 (a) any matter set out in the rules; and
 (b) any other matter that he or she considers relevant.
 (5) If a trusted trader agreement is varied:
 (a) the agreement confers ongoing trusted trader status on the entity; and
 (b) the entity may receive benefits of a kind prescribed by the rules and specified in the agreement.

Subdivision C—General provisions relating to trusted trader agreements