CUSTOMS TARIFF (EXCHANGE ADJUSTMENT) VALIDATION.

No. 54 of 1940.

An Act to provide for the Validation of Adjustments in Duties of Customs under Customs Tariff (Exchange Adjustment) Proposals.

[Assented to 22nd August, 1940.]

BE it enacted by the King’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title.

1.  This Act may be cited as the Customs Tariff (Exchange Adjustment) Validation Act 1940.

Commencement.

2.  This Act shall come into operation on the day on which it receives the Royal Assent.

Validation of alterations in variations of duty.

3.  Any alteration in the variations of duties of Customs provided for by the Customs Tariff (Exchange Adjustment) Act 1933-1939 made (whether before the dissolution or expiry of the present House of Representatives or at or after that dissolution or expiry and on or before the twenty-first day of February, One thousand nine hundred and forty-one) in accordance with the Customs Tariff (Exchange Adjustment) proposals introduced into the House of Representatives on the twenty-second day of May, One thousand nine hundred and forty, shall be deemed to have been lawfully made and all duties of Customs demanded or collected in accordance with those variations as so altered shall be deemed to have been lawfully imposed and lawfully demanded or collected.