57ADelivery of goods on giving of security or undertaking for payment of tax

57A Delivery of goods on giving of security or undertaking for payment of tax

(1) In this regulation, intergovernmental agreement means an agreement, being an agreement to which the Commonwealth and the government of a country, or the governments of countries, other than Australia are parties, that provides for the importation of goods of a class or classes specified in the agreement into Australia and that country or those countries on a temporary basis without payment of tax.

(2) There may, in accordance with section 6B of the Sales Tax Assessment Act (No. 5) 1930-1963, be brought into Australia on a temporary basis without payment of tax:

(a) goods included in a class of goods to which an intergovernmental agreement applies;

(b) imported goods entered for home consumption by persons included in a class of persons to which an intergovernmental agreement applies;

(c) goods included in a class of goods to which an intergovernmental agreement applies entered by persons included in a class of persons to which an intergovernmental agreement applies;

(d) imported goods entered for home consumption for a purpose specified in an intergovernmental agreement as a purpose for which the goods may be imported on a temporary basis without payment of tax; or

(e) imported goods entered for home consumption, being goods specified in an instrument in force under subregulation 125A (2) of the Customs Regulations.

(3) Where goods are, in accordance with section 6B of the Sales Tax Assessment Act (No. 5) 1930-1963, brought into Australia on a temporary basis without payment of tax, the person to whom the goods are delivered under that section shall not, except with the consent of the Comptroller, lend, sell, pledge, mortgage, hire, give away, exchange or otherwise dispose or part with possession of the goods or in any way alter the goods.