CUSTOMS DUTY (SPECIFIED BOATS) REMISSION ORDER

BR 26/2008

CUSTOMS DUTY (SPECIAL REMISSION) ACT 1951

1951 : 27

CUSTOMS DUTY (SPECIFIED BOATS) REMISSION ORDER

The Minister of Finance, in exercise of the powers conferred by section 2 of the Customs Duty (Special Remission) Act 1951, makes the following Order:

Citation

1 This Order may be cited as the Customs Duty (Specified Boats) Remission Order 2008.

Interpretation

2 In this Order “exempted goods” means passenger boats of the following tariff codes under the First Schedule to the Customs Tariff Act

1970 —

8903.100, 8903.910, 8903.920 and 8903.999.

Exemption from higher import duty rates

3 Where an order is made to an overseas vendor for any exempted goods prior to 1 April 2008, the duty rates for the exempted goods under the Customs Tariff Act 1970, in existence immediately before the coming into force of the Customs Tariff Amendment Act 2008 shall continue to apply to the exempted goods.

Application

4 Notwithstanding paragraph 3, this Order shall not apply to exempted goods which arrive in Bermuda after 31 July 2008.

CUSTOMS DUTY (SPECIFIED BOATS) REMISSION ORDER

Commencement

5 This Order shall come into force on 1 April 2008.

Made this 26th day of March, 2008

Minister of Finance