This Order (TCO 0805374) applies item 50 of Part III of Schedule 4 of the Customs Tariff Act 1995 to goods classified at tariff heading 8431.43.00 described as “top latches, retrievable, valve, subsea”, effective 24 April 2008 and continuing until revoked under the Customs Act 1901 (s269SC/269SD). It changes the customs duty treatment of that specific imported item. Importers of the named subsea valve are directly affected; the delegate of the Chief Executive Officer implements and may revoke the concession, and correct tariff classification is required for compliance.