Document ID: chunk:federal_register_of_legislation:C2004A01148:clause:2_153vd
Version: federal_register_of_legislation:C2004A01148
Segment Type: clause
Provision Reference: sch 2 cl 153VD
Character Range: 18250–19339

153VD  Changing the required percentage of allowable cost to manufacture in exceptional circumstances

CEO may determine a different percentage

 (1) If the CEO is satisfied that exceptional circumstances apply, the CEO may determine, by Gazette notice, that a reference to a percentage in subsection 153VB(2) or 153VB(5) is taken to be a reference to another percentage in respect of particular goods or goods of a specific class or kind during a period specified in the determination.

Effect of determination

 (2) If the CEO makes a determination under this section then, in relation to all goods imported into Australia that are covered by that determination, section 153VB has effect in accordance with the determination.

CEO may revoke determination

 (3) If:
 (a) the CEO makes a determination under this section; and
 (b) the CEO becomes satisfied that the exceptional circumstances giving rise to the determination no longer continue;
the CEO may, by Gazette notice, revoke the determination despite the fact that the period referred to in the determination has not ended.