Commonwealth Numbered Acts Commonwealth Numbered Acts
Customs Licensing Charges Act 1997
1 Section 6
Repeal the section, substitute:
6 Amount of depot licence charge
Grant of licence
(1) The amount of depot licence charge payable in respect of the grant of a depot licence is:
(a) for the grant of a depot licence that comes into force on a 1 July--$4,000, or, if another amount not exceeding $6,000 is prescribed, that other amount; or
(b) for the grant of a depot licence that comes into force on a day in a financial year other than 1 July--the amount worked out using the formula:
Renewal of licence
(2) Subject to subsection (3), the amount of depot licence charge payable in respect of the renewal of a depot licence is $4,000, or, if another amount not exceeding $6,000 is prescribed, that other amount.
(3) If:
(a) the depot concerned was licensed under Part IVA of the Customs Act during the whole of the period of 12 months ending on the last 31 March before the start of the financial year for which the renewal is sought; and
(b) there were less than 300 transactions handled in relation to the depot during that 12 - month period;
the amount of depot licence charge payable in respect of the renewal of the depot licence is $1,500, or, if another amount not exceeding $2,250 is prescribed, that other amount.
2 Application provision
The repeal and substitution of section 6 of the Customs Licensing Charges Act 1997 made by this Schedule applies in relation to the following:
(a) the grant of a depot licence on or after the day on which this item commences;
(b) the renewal of a depot licence on or after the day on which this item commences, whether the depot licence was granted before, on or after that day.
[ Minister's second reading speech made in--
House of Representatives on 26 June 2024
Senate on 15 August 2024 ]
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