{"id":"F2005L02927","name":"Tariff Concession Order 0509437","slug":"tariff-concession-order-0509437","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":38080,"registerId":"commonwealth-F2005L02927-current","compilationNumber":null,"startDate":"2026-04-01","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Tariff Concession Order 0509437","content":"| TARIFF CONCESSION ORDERUnder Section 269P of the Customs Act 1901, I, Wendy Knowles, 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 15.07.05 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| 8483.30.90 | TILTING PAD THRUST BEARINGSOp. 15.07.05 - TC 0509437 | 50  |\n| ---------- | ---------------------------------------------------- | --- |\n\n| This is page 1 of 1 Page of the above Table...Wendy Knowles........................Dated 23 September 2005 Delegate of the Chief Executive Officer |\n| -------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":0}],"analysis":{"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This is a standard, narrow tariff concession order covering a single product category. It reflects the original intent of the tariff concession system — to grant duty relief for specific imported goods where no local substitute exists. No scope creep is evident."},"complexity_factors":["Single, highly specific product description (tilting pad thrust bearings)","Only one operative provision with a straightforward declaration","Minimal cross-referencing (only references to standard Customs Act sections 269P, 269SC, 269SD and Customs Tariff Act Schedule 4)","No conditional logic, exceptions, or defined terms within the instrument itself","Standard bureaucratic template format with minimal variation"],"plain_english_summary":"This Tariff Concession Order grants a reduced or zero customs duty for tilting pad thrust bearings (HS 8483.30.90), easing import costs for businesses that bring these components into Australia. \n\nEffective 15 July 2005 and made under section 269P of the Customs Act 1901, it helps local users access competitively priced bearings where domestic substitutes are lacking, while increasing competition for Australian manufacturers."},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"This instrument is narrowly focused and does not expand the original purpose of a tariff concession mechanism. It mechanically applies an existing Schedule 4 concession (Item 50) to one specific product classification. There is no evidence in the text that the order broadens the scope beyond granting the specified tariff treatment for the identified goods."},"complexity_factors":["Very short single-page instrument","One listed good (tilting pad thrust bearings) and one tariff classification: 8483.30.90","Single Schedule 4 item applied (Item 50) — no multiple items or rates","Few cross-references: section 269P (operation) and revocation references to sections 269SC and 269SD","No multiple conditions, exceptions, or nested clauses in the text","Fixed effective date (15.07.05) and open-ended duration until administrative revocation"],"plain_english_summary":"**What this instrument does (mechanically)\n\n- This is a Tariff Concession Order (TCO) made under section 269P of the Customs Act 1901. It declares that a specific imported product — \"tilting pad thrust bearings\" — classified to tariff heading 8483.30.90 is a good to which Item 50 in Part III of Schedule 4 to the Customs Tariff Act 1995 applies.  \n- The concession is effective from 15 July 2005 and continues until it is revoked under sections 269SC or 269SD of the Customs Act 1901 (or until any expiry date that might be shown in the table).  \n- The instrument is signed by a delegate of the Chief Executive Officer (the relevant customs official) and records the operative classification and the Schedule 4 item number.\n\nWho it affects\n\n- Importers who bring tilting pad thrust bearings into Australia and declare them under tariff classification 8483.30.90.  \n- Downstream users or manufacturers who rely on imported tilting pad thrust bearings (because a tariff concession reduces the landed cost of imports).  \n- Potentially domestic producers of similar bearings or substitute components (because a tariff concession changes competitive conditions).  \n- The Australian Government (because applying a Schedule 4 concession typically reduces customs duty revenue on those imports).\n\nWhy it matters (official claim and practical consequences)\n\n- Officially, the order operates to apply Schedule 4 Item 50 to the listed goods — in practice that means the listed goods attract the tariff treatment (usually a lower or nil customs duty) set out by that Schedule 4 item.  \n- Practical effects and incentives: lower import duty reduces the cost of importing those bearings, which can lower input costs for businesses that use them. That creates an incentive for importers and buyers to source the specified bearings from overseas while the concession is in force.  \n- Costs and trade-offs: reduced duty is a foregone revenue for the government. It may change competition between imported and locally made bearings or between different suppliers. There is an administrative cost to ensure correct classification and to monitor compliance.\n\nImplementation, decision‑making and risks\n\n- Who decides: a delegate of the CEO of the customs authority issues the order under section 269P (the instrument shows this delegate signed it). Revocation is also administered under the Customs Act (sections 269SC/269SD).  \n- Behaviour change required: importers must correctly classify imports as the specified goods (8483.30.90 and described as tilting pad thrust bearings) to rely on the concession. Customs will enforce classification and eligibility rules.  \n- Implementation risks: mis‑classification or broader descriptions could allow unintended products to receive the concession; the concession can be revoked administratively if policy or compliance concerns arise.  \n\nSource claims vs. effects — brief test\n\n- The stated legal effect is narrow and mechanical: to attach the Schedule 4 Item 50 treatment to a single, identified imported product (see the Table and section 269P citation).  \n- The economic consequences are predictable: concentrated benefit to importers/users of those bearings; diffuse fiscal cost in the form of reduced customs revenue; and potential competitive effects for any domestic suppliers. These are consequences of the concession mechanism rather than assertions made in the text of the order itself."},"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/tariff-concession-order-0509437","history":"/api/acts/tariff-concession-order-0509437/history","analysis":"/api/acts/tariff-concession-order-0509437/analysis","conflicts":"/api/acts/tariff-concession-order-0509437/conflicts","importantCases":"/api/acts/tariff-concession-order-0509437/important-cases","documents":"/api/acts/tariff-concession-order-0509437/documents"}}