This Order declares that parts described as “PARTS, VALVE, OIL AND GAS EXPLORATION AND PRODUCTION, being spanner joints” (tariff heading 8481.90.90) are covered by item 50 of Part III, Schedule 4 of the Customs Tariff Act 1995 from 01.04.09. It was made by a CEO delegate under s269P of the Customs Act 1901.
Mechanically, qualifying importers receive the Schedule 4 concession (reducing customs duty), so importers pay less and the Commonwealth forgoes revenue (Table). Compliance turns on correct tariff classification and customs processing; the Order continues until revoked under ss269SC or 269SD.