Notice of Entry into Force of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership for Peru

Overview

The F2021N00221 Notifiable Instrument, issued under the authority of Jason Wood, Assistant Minister for Customs, Community Safety and Multicultural Affairs, serves to notify the entry into force of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) for Peru. This legislation was enacted in 2021 and is an instrument that aims to formalise the commencement of the CPTPP for Peru, aligning with the broader objective of enhancing international trade and economic cooperation among member countries. The Customs Act 1901 provides the legal framework under which this notifiable instrument operates, facilitating the integration of Peru into the agreement and ensuring compliance with its provisions. The instrument highlights the policy objective of promoting trade liberalisation and economic integration among the participating nations, ultimately contributing to economic growth and stability within the region. This legislative action by the Australian government underscores its commitment to international trade agreements and the facilitation of smoother cross-border commercial interactions.

Scope and Application

The F2021N00221 (Notifiable instrument) pertains to the entry into force of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) for Peru, announced by Jason Wood, Assistant Minister for Customs, Community Safety and Multicultural Affairs. This notification is issued under subsection 153ZKU(6) of the Customs Act 1901, signifying that the agreement, finalised in Santiago, Chile on 8 March 2018, will officially come into effect for Peru on 19 September 2021. The legislation applies to the specific context of Peru's accession to the CPTPP and is geographically focused on the trans-Pacific region, with implications for trade and economic interactions under the agreement. While the primary focus is on the commencement of the CPTPP for Peru, the notification does not specify any exclusions, exemptions, or thresholds within the scope of this particular announcement. The application of the agreement may be further detailed or extended through subordinate instruments or subsequent notifications.

Key Provisions

The main operative sections of the Notifiable instrument F2021N00221 involve the formal announcement by the Assistant Minister for Customs, Community Safety and Multicultural Affairs, Jason Wood, regarding the entry into force of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) for Peru. Specifically, section 153ZKU(6) of the Customs Act 1901 is referenced to validate the announcement that the CPTPP will commence for Peru on 19 September 2021. This date marks the official implementation of the trade agreement, which was concluded in Santiago, Chile, on 8 March 2018. The obligations and requirements imposed by the Act on the parties or entities it governs primarily concern the formal notification and documentation processes. The Assistant Minister's role is to ensure that the public and relevant stakeholders are informed about the commencement date of the CPTPP for Peru. This includes providing a clear and precise announcement, which is critical for compliance and awareness among affected parties. The notification must be issued under the authority of the Customs Act 1901, and it must be dated and signed by the Assistant Minister, as demonstrated in the provided document. Any breaches of the obligations set out in the Act could lead to civil or criminal consequences, although the specific provisions for penalties are not detailed in this notifiable instrument. Typically, under the Customs Act 1901, failure to comply with the notification requirements might result in administrative actions or legal consequences, depending on the nature and severity of the breach. The Act, however, does not explicitly state the maximum penalties for non-compliance in this context. Instead, it relies on the broader legislative framework of the Customs Act 1901 to address any potential breaches. In summary, the Notifiable instrument F2021N00221 serves as a formal notification under the Customs Act 1901, ensuring that the commencement of the CPTPP for Peru on 19 September 2021 is officially documented and communicated. The Assistant Minister's announcement is a crucial step in this process, binding the government to inform relevant stakeholders accurately and promptly. While specific penalties for non-compliance are not outlined in the instrument, they would be governed by the overarching provisions of the Customs Act 1901.