This Tariff Concession Order applies item 50 in Part III of Schedule 4 of the Customs Tariff Act 1995 to a particular product described as “speakers, MP3 player, with or without pencils or markers” (tariff line 8518.21.00). It commenced 6 Oct 2009 and continues until revoked under ss 269SC or 269SD.
Mechanically, it changes the tariff treatment that importers of that product face; the declaration was made by a delegate of the CEO under s 269P. That alters importers’ costs and may affect customs revenue.