Regional Comprehensive Economic Partnership (RCEP) Legislation Bill
2021 No 33-2

Regional Comprehensive Economic Partnership (RCEP) Legislation Bill

Government Bill

33—2

As reported from the committee of the whole House

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1 Title

This Act is the Regional Comprehensive Economic Partnership (RCEP) Legislation Act 2021.

2 Commencement

(1)

This Act comes into force on a date appointed by the Governor-General by Order in Council.

(2)

An Order in Council made under this section is secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements).

Part 1 Amendments to Customs and Excise Act 2018

3 Amendments to Customs and Excise Act 2018

This Part amends the Customs and Excise Act 2018.

4 Section 435 amended (Certificates of origin)

(1)

After section 435(6)(b), insert:

(c)

the Regional Comprehensive Economic Partnership done at Hanoi, Vietnam, on 15 November 2020 (the RCEP).

(2)

After section 435(7)(b), insert:

(c)

in relation to the RCEP, a specified RCEP party (see subsection (8)).

(3)

Replace section 435(8) with:

(8)

For the purposes of this section, the Governor-General may, by Order in Council, declare—

(a)

a country that is a party to AANZFTA to be a specified AANZFTA party:

(b)

a country that is a party to the RCEP to be a specified RCEP party.

Part 2 Amendments to Tariff Act 1988

5 Amendments to Tariff Act 1988

This Part amends the Tariff Act 1988.

6 Section 2 amended (Interpretation)

In section 2(1), insert in their appropriate alphabetical order:

RCEP means the Regional Comprehensive Economic Partnership done at Hanoi, Vietnam, on 15 November 2020

specified RCEP party means a country that is for the time being declared by Order in Council under section 7A(1)(bc) to be a specified RCEP party for the purposes of this Act

7 Section 7A amended (Order in Council about preferential countries)

(1)

After section 7A(1)(bb), insert:

(bc)

declare a country that is a party to the RCEP to be a specified RCEP party for the purposes of this Act:

(2)

In section 7A(3), after “specified TPA party,”, insert “a specified RCEP party,”.

8 Section 15A amended (Interpretation)

In section 15A, definition of free trade agreement, after paragraph (g), insert:

(h)

the RCEP

9 Section 15H amended (Provisional transitional safeguard measure)

In section 15H(1)(b)(ii), replace “or the Republic of Korea FTA,” with “the Republic of Korea FTA, or the RCEP,”.

Part 3 Amendments to Tariff

10 Tariff amended

This Part, in accordance with section 9F(1) of the Tariff Act 1988, amends the Tariff.

11 Tariff, note 2 amended

In the notes to the Tariff, note 2, penultimate paragraph, after “PPP,”, insert “RCEP,”.

12 Tariff, note 3 amended

In the notes to the Tariff, note 3, after the item relating to a country that is a specified PACER Plus party, insert:

Country that is a specified RCEP partyRCEP
Legislative history

4 May 2021

Introduction (Bill 33–1)

18 May 2021

First reading and referral to Foreign Affairs, Defence and Trade Committee

3 September 2021

Reported from Foreign Affairs, Defence and Trade Committee

28 September 2021

Second reading

19 October 2021

Committee of the whole House (Bill 33–2)