This order applies a Part III Schedule 4 tariff concession (item 50) to specific high‑pressure, high‑temperature steam safety valves classified at 8481.40.00. It takes effect from 24 February 2006 and remains in force until revoked.
Importers of these valves are directly affected because the order determines which Schedule 4 tariff treatment applies and so alters customs treatment and import costs. The declaration was made by a delegate of the Chief Executive Officer and implementation depends on cross‑references to the Customs Act 1901 and the Customs Tariff Act 1995.