Customs Tariff Amendment (Greater Sunrise) Bill 2007


Index

Bills Digest no. 106  2006–07

Customs Tariff Amendment (Greater Sunrise) Bill 2007

WARNING:
This Digest was prepared for debate. It reflects the legislation as introduced and does not canvass subsequent amendments. This Digest does not have any official legal status. Other sources should be consulted to determine the subsequent official status of the Bill.

CONTENTS

Passage History
Purpose
Background
Provisions of the Bill
Contact Officer & Copyright Details


Passage History

Customs Tariff Amendment (Greater Sunrise) Bill 2007

Date introduced: 14 February 2007

House: House of Representatives

Portfolio: Justice and Customs

Commencement: Sections 1 - 3 commence upon Royal Assent, Schedule 1 commences at the same time as Schedule 1 to the Offshore Petroleum Amendment (Greater Sunrise) Act 2007 commences.

Purpose

The bill makes consequential amendments to the Customs Tariff Act 1995 necessary to implement Australia s obligations under the Greater Sunrise Unitisation Agreement (IUA), which was signed by Australia and Timor-Leste in Dili on 6 March 2003.

Background

The IUA is being incorporated into the Offshore Petroleum Act 2006, via the Offshore Petroleum Amendment (Greater Sunrise) Bill 2007 currently before Parliament. See the Bills Digest for that bill for background detail on the IUA and its implementation. Note that the operative provisions of the Offshore Petroleum Act 2006 are not yet in force.

In particular, Article 22 of the IUA allows for duty-free entry of any goods and equipment entering the unitisation area for the purposes of petroleum activities. The Customs Tariff Amendment (Greater Sunrise) Act 2004 added item 22A to Schedule 4 of the Customs Tariff Act 1995 to provide for the duty free entry of goods.

Provisions of the Bill

The Petroleum (Submerged Lands) Act 1967 (PSLA) is being replaced by the Offshore Petroleum Act 2006. This bill replaces references to PLSA within the Customs Tariff Act 1995 (the Act) with reference to the Offshore Petroleum Act 2006.

Item 1 in Schedule 1 amends Subsection 3(1) of the Act to replace reference to PSLA with the Offshore Petroleum Act.

Item 2 amends Schedule 4 (item 22A) of the Act to omit reference to the PSLA and replace with Eastern Greater Sunrise offshore area, within the meaning of the Offshore Petroleum Act 2006 .

Contact Officer and Copyright Details

Bronwen Jaggers
26 February 2007
Bills Digest Service
Parliamentary Library

This paper has been prepared to support the work of the Australian Parliament using information available at the time of production. The views expressed do not reflect an official position of the Parliamentary Library, nor do they constitute professional legal opinion.

Staff are available to discuss the paper's contents with Senators and Members and their staff but not with members of the public.

ISSN 1328-8091
© Commonwealth of Australia 2007

Except to the extent of the uses permitted under the Copyright Act 1968, no part of this publication may be reproduced or transmitted in any form or by any means, including information storage and retrieval systems, without the prior written consent of the Parliamentary Library, other than by members of the Australian Parliament in the course of their official duties.

Published by the Parliamentary Library, 2007.

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