Tariff Concession Order 1126550 treats specific rotary drill rods (classified 7304.23.00 and described by precise physical features) as goods to which Item 50 of Part III, Schedule 4 of the Customs Tariff Act 1995 applies from 05.08.2011 until revoked. This changes the customs duty treatment for those imports.
Importers benefit by paying the Schedule 4 duty; the order was made by a delegate of the CEO under s269P (Customs Act 1901). Importers must ensure goods match the specification and face customs verification and possible revocation under ss269SC–269SD.