Mechanically, this Order declares that water-cooled cables for submerged arc furnaces (tariff classification 8544.42.29) are to be treated as subject to item 50 in Part III of Schedule 4 of the Customs Tariff Act 1995, effective 10 January 2011 until revoked. That changes the tariff treatment applied at import.
Who is affected: importers of those cables and the Customs officials who apply tariff rules. The delegate made the declaration under s269P; the Order alters who pays customs duty by changing the applicable Schedule 4 item and creates a compliance point for import declarations.