This Tariff Concession Order, made under section 269P of the Customs Act 1901, declares that “wellhead flowbases, subsea, hydrocarbon processing” (8481.80.90) are subject to Item 50 in Part III of Schedule 4 to the Customs Tariff Act 1995. It takes effect from 24 July 2009 and continues until revoked (ss 269SC–269SD).
Mechanically, Customs and importers must apply Schedule 4 Item 50 when clearing these goods, changing the tariff treatment and therefore importers' customs costs and documentation obligations.