{"id":"F2005L02649","name":"Tariff Concession Order 0507509","slug":"tariff-concession-order-0507509","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":37465,"registerId":"commonwealth-F2005L02649-current","compilationNumber":null,"startDate":"2026-04-01","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Tariff Concession Order 0507509","content":"| TARIFF CONCESSION ORDERUnder Section 269P of the Customs Act 1901, I, Michael Perry, a delegate of the Chief Executive Officer declare that the goods specified in Column 1 of THE TABLE are goods to which the item in Part III of Schedule 4 to the Customs Tariff Act 1995 specified in Column 2 of THE TABLE applies. This Order shall have effect from 17.06.05 and continue in force until revoked under sections 269SC or 269SD of the Act, or the date, if any, specified in Column 2. |\n| ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\nTHE TABLE\n\n| COLUMN 1Description of Goods including theCustoms Tariff Classification | COLUMN 2Schedule 4 Item NumberLast date of effect |\n| ----------------------------------------------------------------------- | ------------------------------------------------- |\n\n| 7306.40.00 | UMBILICALS, CHEMICAL INJECTION, SUBSEA, thermoplastic-encapsulated tubesOp. 17.06.05 - TC 0507509 | 50  |\n| ---------- | ------------------------------------------------------------------------------------------------- | --- |\n\n| This is page 1 of 1 Page of the above Table...Michael Perry........................Dated 09 September 2005 Delegate of the Chief Executive Officer |\n| -------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":0}],"analysis":{"flash_summary_failed":{"failed":true,"reason":"Unauthenticated. Configure AI_GATEWAY_API_KEY or use a provider module. Learn more: https://ai-sdk.dev/unauthenticated-ai-gateway","source":"analysis-cron"},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"This TCO is narrowly focused: it applies an existing Schedule 4 concession item to a single described product. It does not broaden the statutory scheme or introduce new categories of goods beyond the Order’s stated product description, so it does not represent a change in scope from the legislation’s original purpose of permitting targeted tariff concessions."},"complexity_factors":["Single-page instrument with one entry in the Table","One tariff classification code specified (7306.40.00)","One Schedule 4 item referenced (Item 50, Part III)","Minimal cross-references (s.269P; revocation under ss.269SC/269SD)","No nested exceptions, no definitions section, no multiple conditional branches"],"plain_english_summary":"**What this instrument does**\n\n- This is a Tariff Concession Order (TCO) that declares a specific imported product — \"umbilicals, chemical injection, subsea, thermoplastic-encapsulated tubes\" — to be goods to which a particular concessional item in Schedule 4 of the Customs Tariff Act 1995 (Item 50 in Part III) applies.  In practice that means those goods are eligible for the tariff treatment set out in that Schedule 4 item (typically a reduced or zero customs duty rate) from 17 June 2005 until the order is revoked or until any expiry date stated in the Table.  (The Order is made under s.269P of the Customs Act 1901 and may be revoked under ss.269SC or 269SD.)\n\n**Who is affected**\n\n- Importers who bring into Australia the named subsea chemical-injection umbilicals will be able to claim the Schedule 4 concession for those goods.  \n- Overseas and domestic suppliers of those goods and downstream buyers (for example, operators and contractors in offshore oil & gas) will be economically affected by the change in import cost.  \n- The Australian government (customs revenue collectors) is financially affected because applying the concession reduces the customs duty revenue it would otherwise collect on those imports.\n\n**Why it matters (official claim and practical effect)**\n\n- The instrument’s stated statutory effect is narrow and mechanical: it applies an existing Customs Tariff concession (Schedule 4, Item 50) to a clearly described class of goods.  The claimed policy rationale for TCOs generally is to reduce import costs for specific inputs or products; here the mechanical outcome is lower import duty for the listed subsea umbilicals, which lowers the landed cost for importers of those items.\n\n**How it works, step by step**\n\n- The delegate (under s.269P Customs Act 1901) declares the goods described in Column 1 of the Table to be goods to which the Schedule 4 item in Column 2 applies.\n- That declaration takes effect from the date stated (17.06.05 in this Order).\n- The concession remains in force until revoked under the revocation provisions of the Act (ss.269SC or 269SD) or until any later date specified in the Table.\n- To realise the benefit, importers must properly classify the goods (tariff code 7306.40.00 is shown) and claim the Schedule 4 concession when clearing the goods through customs.\n\n**Costs, incentives, trade-offs and implementation issues**\n\n- Who pays and who benefits: The direct benefit (lower customs duty) accrues to importers and their customers; the cost (lost customs revenue) is borne by the Commonwealth budget (diffuse public cost).\n- Concentrated benefits vs diffuse costs: The concession is narrowly targeted (one product type), so benefits are concentrated on specific importers/suppliers while costs are dispersed across taxpayers — a common pattern that can create incentives for firms to seek similar targeted relief.\n- Substitution effects and competition: Lower import duty reduces the landed price of these imported umbilicals relative to domestically-made alternatives, which may increase imports and affect local manufacturers if any exist for the same product.\n- Compliance and administrative clarity: The Order specifies the tariff classification (7306.40.00) and a descriptive product text, which aids customs officers and importers in applying the concession. Misclassification or disputes about whether a product falls within the descriptive wording are potential practical issues.\n- Discretion and revocation risk: The concession can be revoked by the Commissioner/CEO under the cited revocation provisions, so the benefit is administratively contingent rather than a permanent statutory change.\n\n**Relevant legal hooks in the text**\n\n- Made under s.269P of the Customs Act 1901; revocation governed by ss.269SC and 269SD.\n- Applies a Part III item from Schedule 4 to the Customs Tariff Act 1995 (Item number shown as 50 in Column 2).\n\n**Practical next steps for affected parties**\n\n- Importers should confirm product specifications match the Order’s descriptive wording and the tariff classification; retain documentation for customs clearance.\n- Businesses assessing the impact should model the tariff saving against purchase price, transport and compliance costs to see the net effect on procurement choices.\n\nOverall, the Order is a narrowly-targeted tariff concession that mechanically applies an existing Schedule 4 tariff item to a specific class of subsea chemical-injection umbilical tubes, reducing customs duty for importers while creating a small, concentrated benefit for those users and a corresponding revenue cost to the Commonwealth.\n"},"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This is a standard, narrow tariff concession order of the type routinely issued under the Customs Act 1901. It applies only to the specific goods described (subsea chemical injection umbilicals) and does not represent any expansion beyond the original purpose of the tariff concession system, which is to grant duty relief for specific imported goods."},"complexity_factors":["Single, narrow concession covering one specific product category (subsea chemical injection umbilicals)","No defined terms section — relies entirely on external references to the Customs Act 1901 and Customs Tariff Act 1995","Minimal conditional logic — only standard revocation clauses referenced (sections 269SC and 269SD)","Very short document (1 page, 1 table entry)","Simple two-column table format with straightforward cross-references to existing legislation"],"plain_english_summary":"This Tariff Concession Order grants a reduced customs duty rate for thermoplastic‑encapsulated subsea umbilicals used for chemical injection in offshore oil and gas operations, lowering import costs for those specific goods. It affects businesses importing this specialised equipment and the wider Australian energy sector by making vital subsea technology cheaper to source; the concession took effect on 17 June 2005."}},"importantCases":[],"_links":{"self":"/api/acts/tariff-concession-order-0507509","history":"/api/acts/tariff-concession-order-0507509/history","analysis":"/api/acts/tariff-concession-order-0507509/analysis","conflicts":"/api/acts/tariff-concession-order-0507509/conflicts","importantCases":"/api/acts/tariff-concession-order-0507509/important-cases","documents":"/api/acts/tariff-concession-order-0507509/documents"}}