Document ID: chunk:federal_register_of_legislation:F2022C00013:reg:4
Version: federal_register_of_legislation:F2022C00013
Segment Type: reg
Provision Reference: reg 4
Character Range: 2745–3752

4  Definitions
Note: A number of expressions used in this instrument are defined in the Act, including emissions‑controlled product.
  In this instrument:
Act means the Product Emissions Standards (Customs) Charges Act 2017.
customs value has the meaning given by subsection 154(1) of the Customs Act 1901.
overseas freight has the meaning given by subsection 154(1) of the Customs Act 1901.
overseas insurance has the meaning given by subsection 154(1) of the Customs Act 1901.
passes the importation threshold: see subsection 5(5).
product value of an emissions‑controlled product means:
 (a) if the total declared value of the product is less than $10,000—that value; or
 (b) otherwise—$10,000.
total declared value of an emissions‑controlled product means the sum of the following amounts:
 (a) the customs value of the product;
 (b) the amount paid or payable for overseas freight and overseas insurance in relation to the product.

Part 2—Charge on the importation of emissions‑controlled products