What it does: This Order (under s.269P of the Customs Act 1901) declares that imported goods described as “OIL WELL CEMENT FLUID LOSS ADDITIVE” (tariff classification 3824.40.00) are subject to item 50 in Part III of Schedule 4 to the Customs Tariff Act 1995, effective 22 Aug 2006 until revoked (ss.269SC/269SD).
Who it affects and why it matters: It changes the tariff treatment for importers of that specific product, so importers must claim the Schedule 4 treatment and comply with Customs requirements.