AUSTRALIA AND NEW ZEALAND
PROMOTING RECIPROCAL TRADE. RE-EXPORTS BILL PASSED. Pres* Association—By Telegraph—Copyright. MELBOURNE, August 21. In the House of Representatives the New Zealand Re-Exports Bill passed all its stages. The Minister of Customs (Mr H. E. Pratten) explained that the object of the Bill was to facilitate reciprocal trade between Australia and the dominion. The Bill sets out that where goods are imported by Now Zealand from any country except Australia and are from there exported to Australia their value for duty shall be —(a) the current domestic value in tho country of origin at tho date of export to New Zealand; (b) all charges payable or ordinary payable for placing goods f.o.b. at port of export to New Zealand; (c) 10 per cent, of sum of amounts specified in (a) and (b) ; and (d) 10 per cent, of amounts specified in (a) and (b) and (c). Where goods have appreciated in value between the date of leaving the original country and the date of import by Australia the basis of valuation shall be the appreciated value.
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Otago Daily Times, Issue 19257, 22 August 1924, Page 7
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178AUSTRALIA AND NEW ZEALAND Otago Daily Times, Issue 19257, 22 August 1924, Page 7
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