What it does: Declares that ferrules for wire rope (tariff classification 7419.99.00) are subject to Item 50 of Schedule 4 to the Customs Tariff Act 1995 from 16 December 2005 until revoked.
Who it affects and why it matters: Importers of those ferrules are directly affected because the Order changes their tariff treatment and therefore import costs and sourcing incentives. The Order is made under Section 269P of the Customs Act 1901 and can be revoked under sections 269SC or 269SD, creating administrative dependence on those processes.