Common use of Customs duty Clause in Contracts

Customs duty. (a) The Owner Participant intends to minimise any customs import duty exposure on the acquisition of equipment for the Works through the EPBS. Specifically, the EPBS application will capture equipment imported by the NOPs on the Owner Participant's behalf, as well as purchases from contractors of goods manufactured overseas. (b) The Owner Participant will, as between the Participants, be the owner, for the purposes of the Customs Xxxxxx Xxx 0000 (Cth) of all imported plant, materials, equipment, components or technology. (c) When purchasing equipment to perform the Works, the NOPs or those for whom they are responsible must pass through to the Owner Participant in full any customs duty savings obtained or achieved. The passing on of these savings will be in the form of a reduction in the Reimbursable Cost of goods supplied, a cash rebate of actual customs duty savings or a reduction of the TOC. (d) The NOPs will assist in the reduction of customs duty under any EPBS application lodged, including where appropriate, co-operation with the Owner Participant's nominated advisors (including its custom brokers).

Customs duty. (a) The Owner Participant intends to minimise any customs import duty exposure on the acquisition of equipment for the Works through the EPBS. Specifically, the EPBS application will capture equipment imported by the NOPs on the Owner Participant's behalf, as well as purchases from contractors of goods manufactured overseas. (b) The Owner Participant will, as between the Participants, be the owner, for the purposes of the Customs Xxxxxx Xxx 0000 Tariff Act 1995 (Cth) of all imported plant, materials, equipment, components or technology. (c) When purchasing equipment to perform the Works, the NOPs or those for whom they are responsible must pass through to the Owner Participant in full any customs duty savings obtained or achieved. The passing on of these savings will be in the form of a reduction in the Reimbursable Cost of goods supplied, a cash rebate of actual customs duty savings or a reduction of the TOC. (d) The NOPs will assist in the reduction of customs duty under any EPBS application lodged, including where appropriate, co-operation with the Owner Participant's nominated advisors (including its custom brokers).

Customs duty. (a) The Owner Participant intends to minimise any customs import duty exposure on the acquisition of equipment for the Works through the EPBS. Specifically, the EPBS application will capture equipment imported by the NOPs on the Owner Participant's behalf, as well as purchases from contractors of goods manufactured overseas. (b) The Owner Participant will, as between the Participants, be the owner, for the purposes of the Customs Xxxxxx Xxx 0000 (Cth) of all imported plant, materials, equipment, components or technology. (c) When purchasing equipment to perform the Works, the NOPs or those for whom they are responsible must pass through to the Owner Participant in full any customs duty savings 69 obtained or achieved. The passing on of these savings will be in the form of a reduction in the Reimbursable Cost of goods supplied, a cash rebate of actual customs duty savings or a reduction of the TOC. (d) The NOPs will assist in the reduction of customs duty under any EPBS application lodged, including where appropriate, co-operation with the Owner Participant's nominated advisors (including its custom brokers).