This order grants a duty concession (reduced or zero import tax) to businesses bringing a specific industrial plastic into Australia.
What it covers: Polyoxymethylene copolymer resins — a high-performance engineering plastic used in precision parts like car components and plumbing fittings. These fall under customs tariff code 3907.10.00.
What it does: Allows these resins to be imported under Item 50 of Schedule 4 to the Customs Tariff Act 1995, which typically means they enter duty-free or at a significantly reduced rate compared to standard tariffs.
Who it affects: Importers and manufacturers using polyoxymethylene copolymer resins.
When it applies: From 19 May 2010 onwards. The concession remains in force indefinitely unless formally revoked under the Customs Act.