(1) Despite paragraph 16(1)(u), the duty in respect of goods that are:
(a) safeguard goods specified in a notice made by the Minister under this section; and
(b) imported into Australia during the period specified in the notice;
must be worked out by reference to the general rate set out in the third column of the tariff classification under which the goods are classified.
(2) The Minister may, by legislative instrument, make a notice specifying one or more safeguard goods, and a period, for the purposes of subsection (1).
(3) The Minister may do so only if the Minister is satisfied that goods equivalent to those safeguard goods will, under a law of the United Kingdom, be subject to a global safeguard measure referred to in Section C of Chapter 3 of the Agreement if imported into the United Kingdom from Australia during the period.
(4) The Minister must not specify a period starting before the commencement of the notice.
"Agreement" has the same meaning as in subsection 153ZRB(1) of the Customs Act 1901 .
"safeguard goods" means UK originating goods that are classified to a heading
or subheading in Schedule 3 that is specified in column 2 of any of
items 150 to 238 in the table in Schedule 15.