66Circumstances in which the Secretary must amend the ledger

#### 66 Circumstances in which the Secretary must amend the ledger (1) The Secretary must amend the ACIS ledger in respect of a person and the person’s duty credit in the following circumstances: (a) when the person applies duty credit in respect of the importation of eligible imports; (aa) when the person applies duty credit in accordance with subsection 74A(1) against an earlier payment of duty on the importation of eligible imports; (b) when the Secretary applies duty credit under Part 9 to offset an unearned credit liability that the person has; (c) when the person transfers duty credit to another person; (d) to give effect to a decision of the Administrative Appeals Tribunal or of a court concerning the person. (2) If the Secretary determines under section 68 that there has been an error in the ACIS ledger that would require an increase in the duty credit entered in respect of a participant and an ACIS Stage, the Secretary must amend the ledger to fix the error if and only if: (a) the cap for the stage has not been reached (see section 53); and (b) the personal limit for the participant for the ACIS year in which the error was entered in the ledger has not been reached (see section 54). (3) If the Secretary determines that there is an error in the ledger that would require a decrease in the duty credit entered in respect of a participant, the Secretary must amend the ledger to fix the error. (4) This section operates subject to section 71.