{"id":"F2021L01503","name":"Customs (Regional Comprehensive Economic Partnership) Regulations 2021","slug":"customs-regional-comprehensive-economic-partnership-regulations-2021","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":102145,"registerId":"commonwealth-F2021L01503-current","compilationNumber":null,"startDate":"2026-04-03","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"Part 1","sectionType":"part","heading":"Preliminary","content":"## Part 1—Preliminary","sortOrder":0},{"sectionNumber":"1","sectionType":"section","heading":"Name","content":"#### 1 Name\n\n  This instrument is the Customs (Regional Comprehensive Economic Partnership) Regulations 2021.","sortOrder":1},{"sectionNumber":"3","sectionType":"section","heading":"Authority","content":"#### 3 Authority\n\n  This instrument is made under the Customs Act 1901.","sortOrder":2},{"sectionNumber":"4","sectionType":"section","heading":"Definitions","content":"#### 4 Definitions\n\n  In this instrument:\n\n> Act means the Customs Act 1901.\n\n> Agreement has the meaning given by subsection 153ZQB(1) of the Act.\n\n> Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994 means the Agreement of that name:\n\n    (a) set out in Annex 1A of the Marrakesh Agreement establishing the World Trade Organization, done at Marrakesh on 15 April 1994; and\n    (b) as in force for Australia from time to time.\n\n> Note: The Marrakesh Agreement establishing the World Trade Organization is in Australian Treaty Series 1995 No. 8 (\\[1995\\] ATS 8) and could in 2021 be viewed in the Australian Treaties Library on the AustLII website (http://www.austlii.edu.au).\n\n> Harmonized System has the meaning given by subsection 153ZQB(1) of the Act.\n\n> non‑originating materials has the meaning given by subsection 153ZQB(1) of the Act.\n\n> originating materials has the meaning given by subsection 153ZQB(1) of the Act.\n\n> Party has the meaning given by subsection 153ZQB(1) of the Act.\n\n> production has the meaning given by subsection 153ZQB(1) of the Act.\n\n> Proof of Origin has the meaning given by subsection 153ZQB(1) of the Act.","sortOrder":3},{"sectionNumber":"Part 2","sectionType":"part","heading":"Tariff change requirement","content":"## Part 2—Tariff change requirement","sortOrder":4},{"sectionNumber":"5","sectionType":"section","heading":"Change in tariff classification requirement for non‑originating materials","content":"#### 5 Change in tariff classification requirement for non‑originating materials\n\n  For the purposes of subsection 153ZQE(3) of the Act, a non‑originating material used in the production of goods that does not satisfy a particular change in tariff classification is taken to satisfy the change in tariff classification if:\n    (a) it was produced entirely in a Party from other non‑originating materials; and\n    (b) each of those other non‑originating materials satisfies the change in tariff classification, including by one or more applications of this section.","sortOrder":5},{"sectionNumber":"Part 3","sectionType":"part","heading":"Regional value content requirement","content":"## Part 3—Regional value content requirement","sortOrder":6},{"sectionNumber":"6","sectionType":"section","heading":"Direct/build‑up method","content":"#### 6 Direct/build‑up method\n\n  (1) For the purposes of paragraph 153ZQE(6)(b) of the Act, the regional value content of goods under the direct/build‑up method is worked out using the formula:\n  ![Start formula start fraction Value of originating materials plus Direct labour costs plus Direct overhead costs plus Profit plus Other costs over Customs value end fraction times 100 end formula](image.002.png)\n  where:\n\n> customs value means the customs value of the goods worked out under Division 2 of Part VIII of the Act.\n\n> direct labour costs includes wages, remuneration and other employee benefits.\n\n> direct overhead costs means the total overhead expense.\n\n> other costs has the same meaning as it has in Article 3.5 of Chapter 3 of the Agreement.\n\n> profit has the same meaning as it has in Article 3.5 of Chapter 3 of the Agreement.\n\n> value of originating materials means the value, worked out under Part 4, of the originating materials that are acquired by the producer, or produced by the producer, and are used by the producer in the production of the goods.\n\n  (2) Regional value content must be expressed as a percentage.","sortOrder":7},{"sectionNumber":"7","sectionType":"section","heading":"Indirect/build‑down method","content":"#### 7 Indirect/build‑down method\n\n  (1) For the purposes of paragraph 153ZQE(6)(b) of the Act, the regional value content of goods under the indirect/build‑down method is worked out using the formula:\n  ![Start formula start fraction Customs value minus Value of non-originating materials over Customs value end fraction times 100 end formula](image.003.png)\n  where:\n\n> customs value means the customs value of the goods worked out under Division 2 of Part VIII of the Act.\n\n> value of non‑originating materials means the value, worked out under Part 4, of the non‑originating materials used in the production of the goods.\n\n  (2) Regional value content must be expressed as a percentage.","sortOrder":8},{"sectionNumber":"Part 4","sectionType":"part","heading":"Determination of value","content":"## Part 4—Determination of value","sortOrder":9},{"sectionNumber":"8","sectionType":"section","heading":"Value of goods that are originating materials or non‑originating materials","content":"#### 8 Value of goods that are originating materials or non‑originating materials\n\n  (1) For the purposes of subsection 153ZQB(2) of the Act, this section explains how to work out the value of originating materials or non‑originating materials used in the production of goods.\n  (2) The value of the materials is as follows:\n    (a) for originating materials acquired in a Party, or produced in a Party, by the producer of the goods—the value of the materials worked out in accordance with the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994 on the assumption that those materials had been imported into the Party by the producer of the goods;\n    (b) for non‑originating materials imported into a Party—the value of the materials worked out in accordance with the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994;\n    (c) for non‑originating materials acquired in a Party by the producer of the goods—the earliest ascertainable price paid or payable for the materials;\n    (d) for non‑originating materials produced in a Party by the producer of the goods—the sum of:\n    (i) all the costs incurred in the production of the materials, including general expenses; and\n    (ii) an amount that is the equivalent of the amount of profit that the producer would make for the materials in the normal course of trade.\n  (3) For the purposes of paragraph (2)(b), in working out the value of particular non‑originating materials, the following must be included:\n    (a) the cost of freight of the non‑originating materials to the port or place of entry in the Party;\n    (b) the cost of insurance related to that freight.\n  (4) For the purposes of paragraph (2)(b), (c) or (d), in working out the value of particular non‑originating materials, the following may be deducted:\n    (a) the costs of freight, insurance, packing and other transport‑related costs incurred in transporting the non‑originating materials to the producer of the goods;\n    (b) duties, taxes and customs brokerage fees on the non‑originating materials that:\n    (i) have been paid in a Party; and\n    (ii) have not been waived or refunded; and\n    (iii) are not refundable or otherwise recoverable;\n    including any credit against duties or taxes that have been paid or that are payable;\n    (c) the costs of waste and spoilage resulting from the use of the non‑originating materials in the production of the goods, reduced by the value of renewable scrap or by‑products.","sortOrder":10},{"sectionNumber":"9","sectionType":"section","heading":"Value of packaging material and container","content":"#### 9 Value of packaging material and container\n\n  If paragraphs 153ZQF(1)(a) and (b) of the Act are satisfied in relation to goods and the goods must have a regional value content of not less than a particular percentage worked out in a particular way:\n    (a) the value of the packaging material or container in which the goods are packaged must be taken into account for the purposes of working out the regional value content of the goods under Part 3 of this instrument; and\n    (b) if that packaging material or container is an originating material—for the purposes of sections 6 and 8 of this instrument, that packaging material or container must be taken into account as an originating material used in the production of the goods; and\n    (c) if that packaging material or container is a non‑originating material—for the purposes of sections 7 and 8 of this instrument, that packaging material or container must be taken into account as a non‑originating material used in the production of the goods.","sortOrder":11},{"sectionNumber":"10","sectionType":"section","heading":"Value of accessories, spare parts, tools or instructional or other information materials","content":"#### 10 Value of accessories, spare parts, tools or instructional or other information materials\n\n  If paragraphs 153ZQG(1)(a), (b) and (c) of the Act are satisfied in relation to goods and the goods must have a regional value content of not less than a particular percentage worked out in a particular way:\n    (a) the value of the accessories, spare parts, tools or instructional or other information materials must be taken into account for the purposes of working out the regional value content of the goods under Part 3 of this instrument; and\n    (b) if the accessories, spare parts, tools or instructional or other information materials are originating materials—for the purposes of sections 6 and 8 of this instrument, those accessories, spare parts, tools or instructional or other information materials must be taken into account as originating materials used in the production of the goods; and\n    (c) if the accessories, spare parts, tools or instructional or other information materials are non‑originating materials—for the purposes of sections 7 and 8 of this instrument, those accessories, spare parts, tools or instructional or other information materials must be taken into account as non‑originating materials used in the production of the goods.","sortOrder":12},{"sectionNumber":"Part 5","sectionType":"part","heading":"Record keeping obligations","content":"## Part 5—Record keeping obligations","sortOrder":13},{"sectionNumber":"11","sectionType":"section","heading":"Exportation of goods to a Party—record keeping by exporter who is not the producer of the goods","content":"#### 11 Exportation of goods to a Party—record keeping by exporter who is not the producer of the goods\n\n  (1) For the purposes of subsection 126AQB(1) of the Act, an exporter of goods mentioned in that subsection, who is not also the producer of the goods, must keep the following records:\n    (a) records of the purchase of the goods by the exporter;\n    (b) records of the purchase of the goods by the person to whom the goods are exported;\n    (c) evidence that payment has been made for the goods;\n    (d) evidence of the classification of the goods under the Harmonized System;\n    (e) if the goods include any accessories, spare parts, tools or instructional or other information materials that were purchased by the exporter:\n    (i) records of the purchase of the accessories, spare parts, tools or instructional or other information materials; and\n    (ii) evidence of the value of the accessories, spare parts, tools or instructional or other information materials;\n    (f) if the goods include any accessories, spare parts, tools or instructional or other information materials that were produced by the exporter:\n    (i) records of the purchase of all materials that were purchased for use or consumption in the production of the accessories, spare parts, tools or instructional or other information materials; and\n    (ii) evidence of the value of the materials so purchased; and\n    (iii) records of the production of the accessories, spare parts, tools or instructional or other information materials;\n    (g) if the goods are packaged for retail sale in packaging material or a container that was purchased by the exporter:\n    (i) records of the purchase of the packaging material or container; and\n    (ii) evidence of the value of the packaging material or container;\n    (h) if the goods are packaged for retail sale in packaging material or a container that was produced by the exporter:\n    (i) records of the purchase of all materials that were purchased for use or consumption in the production of the packaging material or container; and\n    (ii) evidence of the value of the materials so purchased; and\n    (iii) records of the production of the packaging material or container;\n    (i) a copy of the Proof of Origin for the goods;\n    (j) any other documents in support of the goods being originating goods in accordance with Chapter 3 of the Agreement (including documents from the producer or supplier of the goods).\n  (2) The records must be kept for at least 5 years starting on the date the Proof of Origin for the goods is issued.\n  (3) The exporter:\n    (a) may keep the records at any place (whether or not in Australia); and\n    (b) must ensure that:\n    (i) the records are kept in a form that would enable a determination of whether the goods are originating goods in accordance with Chapter 3 of the Agreement; and\n    (ii) if the records are not in English—the records are kept in a place and form that would enable an English translation to be readily made; and\n    (iii) if the records are kept by mechanical or electronic means—the records are readily convertible into a hard copy in English.","sortOrder":14},{"sectionNumber":"12","sectionType":"section","heading":"Exportation of goods to a Party—record keeping by the producer of the goods","content":"#### 12 Exportation of goods to a Party—record keeping by the producer of the goods\n\n  (1) For the purposes of subsection 126AQB(1) of the Act, a producer of goods mentioned in that subsection, whether or not the producer is the exporter of the goods, must keep the following records:\n    (a) records of the purchase of the goods;\n    (b) if the producer is the exporter of the goods—evidence of the classification of the goods under the Harmonized System;\n    (c) evidence that payment has been made for the goods;\n    (d) evidence of the value of the goods;\n    (e) records of the purchase of all materials that were purchased for use or consumption in the production of the goods and evidence of the classification of the materials under the Harmonized System;\n    (f) evidence of the value of those materials;\n    (g) records of the production of the goods;\n    (h) if the goods include any accessories, spare parts, tools or instructional or other information materials that were purchased by the producer:\n    (i) records of the purchase of the accessories, spare parts, tools or instructional or other information materials; and\n    (ii) evidence of the value of the accessories, spare parts, tools or instructional or other information materials;\n    (i) if the goods include any accessories, spare parts, tools or instructional or other information materials that were produced by the producer:\n    (i) records of the purchase of all materials that were purchased for use or consumption in the production of the accessories, spare parts, tools or instructional or other information materials; and\n    (ii) evidence of the value of the materials so purchased; and\n    (iii) records of the production of the accessories, spare parts, tools or instructional or other information materials;\n    (j) if the goods are packaged for retail sale in packaging material or a container that was purchased by the producer:\n    (i) records of the purchase of the packaging material or container; and\n    (ii) evidence of the value of the packaging material or container;\n    (k) if the goods are packaged for retail sale in packaging material or a container that was produced by the producer:\n    (i) records of the purchase of all materials that were purchased for use or consumption in the production of the packaging material or container; and\n    (ii) evidence of the value of the materials so purchased; and\n    (iii) records of the production of the packaging material or container;\n    (l) a copy of the Proof of Origin for the goods.\n  (2) The records must be kept for at least 5 years starting on the date the Proof of Origin for the goods is issued.\n  (3) The producer:\n    (a) may keep the records at any place (whether or not in Australia); and\n    (b) must ensure that:\n    (i) the records are kept in a form that would enable a determination of whether the goods are originating goods in accordance with Chapter 3 of the Agreement; and\n    (ii) if the records are not in English—the records are kept in a place and form that would enable an English translation to be readily made; and\n    (iii) if the records are kept by mechanical or electronic means—the records are readily convertible into a hard copy in English.","sortOrder":15},{"sectionNumber":"Part 6","sectionType":"part","heading":"Approved exporters","content":"## Part 6—Approved exporters","sortOrder":16},{"sectionNumber":"13","sectionType":"section","heading":"Application for approval as approved exporter","content":"#### 13 Application for approval as approved exporter\n\n  (1) For the purposes of section 126AQE of the Act, an entity may make an application to the Comptroller‑General of Customs for approval as an approved exporter.\n  (2) An application may be made by document or electronically.\n  (3) A documentary application must:\n    (a) be communicated to the Comptroller‑General of Customs; and\n    (b) be in an approved form; and\n    (c) contain the information required by the approved form; and\n    (d) be signed in a manner indicated by the approved form.\n  (4) An electronic application must communicate such information as is set out in an approved statement.\n  (5) An entity may withdraw an application at any time by notice in writing given to the Comptroller‑General of Customs.","sortOrder":17},{"sectionNumber":"14","sectionType":"section","heading":"Eligibility criteria","content":"#### 14 Eligibility criteria\n\n  For the purposes of section 126AQE of the Act, the eligibility criteria that an entity must meet in order for the Comptroller‑General of Customs to approve the entity as an approved exporter are the following:\n    (a) a trusted trader agreement with the entity is in force under section 176A of the Act;\n    (b) the Comptroller‑General is satisfied that the entity knows and understands the rules of origin as set out in Section B of Chapter 3 of the Agreement;\n    (c) the Comptroller‑General is satisfied that, if the entity were to complete a Declaration of Origin for goods exported to a Party, the entity would be able to obtain from the producer of the goods a declaration:\n    (i) claiming that the goods are originating goods in accordance with Chapter 3 of the Agreement; and\n    (ii) stating that the producer is willing to cooperate with any verification process in accordance with Article 3.24 of Chapter 3 of the Agreement and is able to meet the requirements of Section B of that Chapter.","sortOrder":18},{"sectionNumber":"15","sectionType":"section","heading":"Comptroller‑General of Customs to decide application","content":"#### 15 Comptroller‑General of Customs to decide application\n\n  (1) For the purposes of section 126AQE of the Act, the Comptroller‑General of Customs may, in writing, approve an entity as an approved exporter if:\n    (a) the entity makes an application in accordance with section 13 of this instrument; and\n    (b) the Comptroller‑General is satisfied that the entity meets the eligibility criteria under section 14 of this instrument.\n  (2) For the purposes of section 126AQE of the Act, the Comptroller‑General must consider the following matters in deciding whether to approve an entity as an approved exporter:\n    (a) whether a trusted trader agreement between the entity and the Comptroller‑General has been varied, suspended or terminated under section 178A of the Act;\n    (b) whether the Comptroller‑General is considering varying, suspending or terminating a trusted trader agreement between the entity and the Comptroller‑General.\n  (3) Subsection (2) does not limit the matters the Comptroller‑General may consider in deciding whether to approve an entity as an approved exporter.\n  Approved exporter code\n  (4) An approval under subsection (1) must specify the entity’s approved exporter code.\n  Copy of approval to be given to entity\n  (5) The Comptroller‑General of Customs must give a copy of an approval under subsection (1) to the entity.\n  Period for which approval is in force\n  (6) An approval under subsection (1) must specify the period for which it is in force.\n\n> Note: See section 17 for variation, suspension or termination of an approval.\n\n  Refusal to approve entity as approved exporter\n  (7) If an entity makes an application for approval as an approved exporter and the application is in accordance with section 13, the Comptroller‑General of Customs may, in writing, refuse to approve the entity as an approved exporter.\n  (8) If the Comptroller‑General does so, the Comptroller‑General must notify the entity of the refusal and of the reasons for the refusal.\n  Review\n  (9) An application may be made to the Administrative Review Tribunal for review of a decision to refuse to approve an entity as an approved exporter.","sortOrder":19},{"sectionNumber":"16","sectionType":"section","heading":"Conditions of approval","content":"#### 16 Conditions of approval\n\n  For the purposes of section 126AQE of the Act, an approval of an entity as an approved exporter is subject to the following conditions:\n    (a) the entity complies with paragraph 3 of Article 3.21 of Chapter 3 of the Agreement;\n    (b) any other conditions specified in the approval by the Comptroller‑General of Customs.","sortOrder":20},{"sectionNumber":"17","sectionType":"section","heading":"Variation, suspension or termination of approval","content":"#### 17 Variation, suspension or termination of approval\n\n  (1) For the purposes of section 126AQE of the Act, the Comptroller‑General of Customs may, in writing, vary, suspend or terminate an entity’s approval as an approved exporter if the Comptroller‑General is satisfied that:\n    (a) the entity no longer meets the eligibility criteria under section 14 of this instrument; or\n    (b) the entity has not complied, or is not complying, with any condition of the entity’s approval.\n  (2) Without limiting subsection (1), a variation of an approval may involve imposing new conditions on the approval or varying or removing existing conditions.\n  Process for making decision\n  (3) Before making a decision under subsection (1), the Comptroller‑General of Customs must give the entity notice in writing:\n    (a) stating the decision the Comptroller‑General is considering making; and\n    (b) stating the reasons why the Comptroller‑General is considering making the decision; and\n    (c) inviting the entity to make written submissions to the Comptroller‑General within the period specified in the notice (which must be a period of at least 10 business days starting on the day on which the notice is given).\n  (4) In deciding whether to make a decision under subsection (1), the Comptroller‑General must consider any submissions received from the entity within the period specified in the notice.\n  (5) Subsection (4) does not limit the matters the Comptroller‑General may consider in deciding whether to make a decision under subsection (1).\n  Notice of decisions\n  (6) The Comptroller‑General must give notice of a variation, suspension or termination to the entity.\n  (7) The notice must specify the day the variation, suspension or termination takes effect (which must not be before the day after the notice is given to the entity).\n  (8) The Comptroller‑General must give the entity notice in writing of any decision not to vary, suspend or terminate the entity’s approval as an approved exporter.\n  Consequences of suspension\n  (9) An approval has no effect while suspended, but the period for which it remains in force continues to run despite the suspension.\n  (10) The Comptroller‑General of Customs may, under subsection (1), vary or terminate an approval while it is suspended.\n  Revocation of suspension\n  (11) The Comptroller‑General of Customs may, in writing, revoke a suspension under subsection (1).\n  (12) The Comptroller‑General must give notice of the revocation of the suspension to the entity. The notice must specify the day the revocation takes effect.\n  Review\n  (13) An application may be made to the Administrative Review Tribunal for review of a decision to vary, suspend or terminate an entity’s approval as an approved exporter.","sortOrder":21},{"sectionNumber":"Part 7","sectionType":"part","heading":"Application provisions","content":"## Part 7—Application provisions","sortOrder":22},{"sectionNumber":"18","sectionType":"section","heading":"Amendments made by the Customs Legislation Amendment (ASEAN‑Australia‑New Zealand Free Trade Area Second Protocol Implementation and Other Measures) Regulations 2025","content":"#### 18 Amendments made by the Customs Legislation Amendment (ASEAN‑Australia‑New Zealand Free Trade Area Second Protocol Implementation and Other Measures) Regulations 2025\n\n  The amendment of subsection 11(1) made by Schedule 2 to the Customs Legislation Amendment (ASEAN‑Australia‑New Zealand Free Trade Area Second Protocol Implementation and Other Measures) Regulations 2025 applies in relation to goods produced on or after the commencement of that Schedule.","sortOrder":23}],"analysis":{"kimi_summary":{"content_quality":"ok","complexity_score":6,"scope_assessment":{"changed":false,"description":"The legislation remains focused on its original purpose of implementing the RCEP rules of origin and related customs procedures. The 2025 amendment mentioned in section 18 is a technical update applying to goods produced after a specific date, but does not represent scope creep beyond the original RCEP implementation intent."},"complexity_factors":["Multiple cross-references to the Customs Act 1901 and the RCEP Agreement itself (particularly Chapter 3 on rules of origin)","Two alternative mathematical formulas for calculating regional value content with multiple defined variables","Nested definitions — many key terms (\"originating materials\", \"non-originating materials\", \"Party\", \"production\") are defined by reference to the parent Act rather than in the instrument itself","Detailed record-keeping obligations spanning 11 categories for exporters and 12 categories for producers, with specific retention periods and format requirements","Multi-layered approval scheme for \"approved exporters\" with eligibility criteria, conditions, variation/suspension procedures, and Administrative Review Tribunal review rights","Conditional logic throughout — multiple \"if/then\" scenarios for packaging materials, accessories, and spare parts depending on whether they are originating or non-originating","Incorporation by reference of external instruments including the WTO's Agreement on Implementation of Article VII of GATT 1994 for valuation purposes"],"plain_english_summary":"This instrument sets the rules Australian businesses must follow to claim preferential RCEP tariff rates: how to establish goods as “originating” (including local-content calculation and valuation), required records, and an approved exporter self‑certification scheme to simplify exports.\n\nIt affects Australian manufacturers, exporters, importers and supply‑chain intermediaries trading with RCEP partners and matters because it unlocks negotiated tariff cuts, ensures compliance with Australia’s RCEP obligations, and provides clear evidence requirements for preferential treatment."},"flash_summary":{"complexity_score":6,"scope_assessment":{"changed":true,"description":"Section 18 records an amendment made by a 2025 instrument that limits the application of the amended subsection 11(1) to goods produced on or after that Schedule's commencement. That modification changes the temporal scope of application (forward‑looking only) and therefore narrows the retrospective application of that specific provision."},"complexity_factors":["Technical origin‑calculation formulas: direct/build‑up and indirect/build‑down percentage formulas (sections 6–7) require numeric valuation and choice of method.","Detailed valuation rules with permitted inclusions/deductions: valuation of originating and non‑originating materials references WTO Article VII methodology and lists freight, insurance, taxes, spoilage and other items (section 8).","Recursive tariff‑shift rule: a non‑originating material can be treated as satisfying a tariff‑change requirement if it was produced entirely in a Party from other non‑originating materials that themselves satisfy the rule, including by repeated application (section 5).","Record‑keeping and evidence obligations: exporters and producers must retain extensive documentary records (including Proof of Origin), for at least 5 years, with language and electronic‑conversion requirements (sections 11–12).","Approved exporter regime with procedural steps: application form/statement rules, eligibility criteria tied to trusted trader status and producer cooperation, issuance of an approved exporter code, and appeal rights (sections 13–16).","Comptroller‑General discretion and administrative process: wide decision‑making power to approve, vary, suspend or terminate approvals with notice and minimum consultation periods; decisions are reviewable (sections 15, 17).","Inclusion rules for ancillary items: packaging, accessories, spare parts and instruction materials must be included in regional value where the Act requires (sections 9–10), adding valuation and classification work.","Cross‑references to external instruments: many definitions and valuation methods depend on the Customs Act 1901 and the Agreement on Implementation of Article VII, requiring alignment with external texts (Definitions; section 8).","Compliance cost concentration and incentives: producers/exporters bear documentation, valuation and approval costs, while approval confers preferential tariff access—creating incentives to seek approved status (sections 11–17).","Temporal application adjustment: a later amendment (referenced in section 18) alters the commencement/application timing for a subsection, which affects how and when obligations apply."],"plain_english_summary":"This instrument implements the Regional Comprehensive Economic Partnership (RCEP) rules of origin and related customs procedures for Australia. It sets how origin is calculated (two value methods and tariff‑change rules), how material value is determined, what records exporters and producers must keep, and an approved‑exporter approval and supervision regime. It affects producers and exporters (who bear documentation and valuation burdens) and gives the Comptroller‑General of Customs decision and enforcement powers that determine eligibility for preferential tariffs."},"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"}},"importantCases":[],"_links":{"self":"/api/acts/customs-regional-comprehensive-economic-partnership-regulations-2021","history":"/api/acts/customs-regional-comprehensive-economic-partnership-regulations-2021/history","analysis":"/api/acts/customs-regional-comprehensive-economic-partnership-regulations-2021/analysis","conflicts":"/api/acts/customs-regional-comprehensive-economic-partnership-regulations-2021/conflicts","importantCases":"/api/acts/customs-regional-comprehensive-economic-partnership-regulations-2021/important-cases","documents":"/api/acts/customs-regional-comprehensive-economic-partnership-regulations-2021/documents"}}