This Order applies the tariff treatment in Part III of Schedule 4 (Item 50) of the Customs Tariff Act 1995 to diamond‑coated holesaws classified at 8207.90.00, effective 7 Sept 2006 until revoked. It is made under s269P of the Customs Act 1901 by a delegate of the Chief Executive Officer.
Mechanically, the instrument alters the import tariff treatment for that specific product, changing importers' costs and competitive position. The delegate controls application and revocation (ss269P, 269SC–269SD); importers must use the stated tariff classification and comply with Schedule 4 rules.