Commonwealth Numbered Regulations

1986 No. 94 CUSTOMS REGULATIONS (AMENDMENT) - REG 2

2. After regulation 125 of the Customs Regulations the following regulations
are inserted: Importation of goods on a temporary basis for certain events

"125A. (1) In this regulation 'event of national significance' means-

   (a)  an America's Cup yacht race held in Australia; or

   (b)  the Australian bicentennial celebrations.

"(2) The Comptroller may, by instrument, approve goods specified in the
instrument being brought into Australia on a temporary basis to be used for
purposes related to an event of national significance if-

   (a)  the goods are to be used only for purposes related to an event of
        national significance;

   (b)  the goods are not to remain in Australia for a period exceeding one
        year;

   (c)  the goods are goods of a kind that are not, in the normal course of
        business, likely to be produced in Australia for the purpose of being
        used in relation to the event of national significance by reason of
        the limited period for which goods of that kind will be required for
        that event; and

   (d)  the importation of the goods is not likely to have a substantial
        adverse effect on a market in Australia for any goods or services.

"(3) There may, in accordance with section 162A of the Act, be brought into
Australia on a temporary basis without the payment of duty goods specified in
an instrument under sub-regulation (2). Dealing with goods brought into
Australia under section 162A of the Act

"125B. Where goods are, in accordance with section 162A of the Act, brought
into Australia on a temporary basis without payment of duty, the person to
whom the goods are delivered under that section shall not, except with the
consent of the Comptroller, lend, sell, pledge, mortgage, hire, give away,
exchange or otherwise dispose of or part with possession of the goods or in
any way alter the goods.".