80Exempt goods

80 Exempt goods

(1) This section is made for paragraph 113(2)(f) of the Act. (2) Goods that: (a) are not petroleum products supplied for use as fuel to provide locomotive power; and (b) are aircraft’s stores; and (c) are supplied to aircraft (whether or not engaging in international flights) by a person whose business includes providing stores for aircraft engaging in international flights in accordance with an international airline licence granted under regulations made under the Air Navigation Act 1920; and (d) would be: (i) dutiable goods if entered for home consumption under subsection 68(2) of the Act; or (ii) excisable goods if entered for home consumption under subsection 58(1) of that Act; are exempt from section 113 of the Act if the condition specified in paragraph (5)(a) is satisfied in relation to the goods. (3) Goods that are: (a) aircraft’s stores or ship’s stores; and (b) a petroleum product supplied for use as fuel to provide locomotive power; are exempt from section 113 of the Act if the conditions specified in subsection (5) are satisfied in relation to the goods. (4) Goods that are: (a) not specified in subsection (2) or paragraph (3)(a); and (b) not goods that would be dutiable goods if entered for home consumption under subsection 68(2) of the Act; and (c) not goods that would be excisable goods if entered for home consumption under subsection 58(1) of that Act; are exempt from section 113 of the Act if the condition specified in paragraph (5)(a) is satisfied in relation to the goods. (5) The following are the conditions: (a) at all reasonable times the owner of the goods must make available to an officer, for examination, records that show details of the receipt, use and disposal of the goods; (b) a return in an approved form or approved statement in relation to the goods must be lodged with the Department by the owner of the goods within 7 days after the end of each month.