Document ID: chunk:federal_register_of_legislation:C2025C00155:section:162a:p1
Version: federal_register_of_legislation:C2025C00155
Segment Type: section
Provision Reference: s 162A (pt 1/3)
Character Range: 1095810–1098505

162A  Delivery of goods on the giving of a general security or undertaking for payment of duty, GST and luxury car tax
 (1) The regulations may provide that:
 (a) goods of a specified class;
 (b) goods imported by persons of a specified class;
 (c) goods of a specified class imported by persons of a specified class; or
 (d) goods imported for a specified purpose;
may, in accordance with this section, be brought into Australia on a temporary basis without payment of duty, GST or luxury car tax.
 (1A) Without limiting the generality of subsection (1), regulations under that subsection may be regulations that apply to goods if:
 (a) the goods are specified in an instrument authorised by the regulations; and
 (b) conditions, restrictions or requirements specified in that instrument are complied with in respect of the goods.
 (1B) Without limiting the generality of paragraph (1A)(b), conditions, restrictions or requirements referred to in that paragraph that apply to goods may specify, or relate to:
 (a) the time during which the goods may remain in Australia; or
 (b) the purposes for which the goods may be used while they are in Australia.
 (2) The Comptroller‑General of Customs may accept a security given by a person for the payment of, or an undertaking by a person to pay, all of the following in relation to specified goods that are described in regulations made for the purposes of subsection (1) and that may be imported after a particular date or during a particular period:
 (a) the duty, if any, that may become payable on the goods;
 (b) the assessed GST that may become payable on the taxable importation, if any, that is associated with the import of the goods;
 (c) if a taxable importation of a luxury car is associated with the import of the goods—the assessed luxury car tax that may become payable on that taxable importation.
If the Comptroller‑General of Customs accepts the security or undertaking, a Collector may grant to a person who imports some or all of the specified goods permission to take delivery of the goods without payment of duty, GST or luxury car tax.
 (2A) However, the Collector may grant permission to take delivery of goods that:
 (a) are covered by a security or undertaking described in subsection (2); and
 (b) are not accompanied by, and described in, temporary admission papers issued in accordance with an agreement between Australia and one or more other countries that provides for the temporary importation of goods without payment of duty;
only if the person importing the goods applies to the Collector for the permission in accordance with section 162AA.
 (3) Goods delivered under this section shall, for the purposes of this