This Order declares that a specific polyethylene high‑tenacity yarn (tariff classification 5402.49.00, modulus 720–1320 g/den) is covered by an item in Part III of Schedule 4 to the Customs Tariff Act 1995, giving it the tariff treatment that follows from that Schedule entry. It takes effect from 11 July 2008 and remains in force until revoked under sections 269SC or 269SD or until any date shown in the table.
The measure directly affects importers and firms trading in this yarn by altering its tariff classification and therefore its duty treatment; the delegate made the declaration under s.269P of the Customs Act 1901.