Customs Tariff Amendment Act 1997

Link to law: http://www.bermudalaws.bm/Laws/Annual%20Laws/1997/Acts/Customs%20Tariff%20Amendment%20Act%201997.pdf

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Customs Tariff Amendment Act 1997
THE CUSTOMS TARIFF AMENDMENT ACT 1997

1

BERMUDA
1997 : 4

THE CUSTOMS TARIFF AMENDMENT ACT 1997

[Date of Assent 20 March 1997]

[Operative Date 19 February 1997]

WHEREAS it is expedient to amend the Customs Tariff Act 1970:

Be it enacted by The Queen's Most Excellent Majesty, by and
with the advice and consent of the Senate and the House of Assembly of
Bermuda, and by the authority of the same, as follows:—

Short title
1 This Act may be cited as the Customs Tariff Amendment Act
1997.

Interpretation
2 In this Act—

"the Act" means the Customs Tariff Act 1970;

"column", unless the context requires otherwise, means column
of the First Schedule to this Act;

"the commencement date" means 19 February 1997;

"the Customs Tariff" means the rates of duty and other
provisions specified in the five Schedules to the Act, as having
effect under the Act.

THE CUSTOMS TARIFF AMENDMENT ACT 1997

2

Amendment of First Schedule of Customs Tariff
3 (1) The rates of duty respectively imposed by the Customs
Tariff immediately before the commencement date on the items specified
in column 1 cease to have effect.

(2) On and after the commencement date—

(a) the rates of duty respectively specified in column 3 have
effect in respect of the abovementioned items specified in
column 1 as described in column 2;

(b) the new items, and respective rates of duty, set forth in
the Second Schedule to this Act form part of the First
Schedule of the Customs Tariff, each in its proper
numerical place; and

(c) the items specified in the Third Schedule to this Act are
deleted from the First Schedule of the Customs Tariff;

and that Tariff stands amended accordingly.

Amendment of Fifth Schedule of Customs Tariff
4 The Fifth Schedule of the Customs Tariff is amended in the
respects specified in the Fourth Schedule to this Act.

Commencement
5 This Act is deemed to have come into operation on the
commencement date.

THE CUSTOMS TARIFF AMENDMENT ACT 1997

3

FIRST SCHEDULE (Sections 2, 3(1)
and (2)(a))

Amendments to Existing Items in the First Schedule to the
Customs Tariff Act 1970

COLUMN 1 COLUMN 2 COLUMN 3

Item No.

Ex-Bond Bonded
Duty
Paid

Class or Description
of Goods

Unit
for

Duty
Rate of
Duty

32.1250 Resins and
chemicals of a kind
used for the
manufacturing of
paints and
varnishes value 5.00%

42.0000 Articles of leather,
saddlery and
harness, travel
goods, handbags
and similar
containers, articles
of animal gut
(excluding shoes) value 6.50%

48.0201 Paper for use in the
printing industry value 0.00%

49.0000 Printed books,
newspapers,
journals and
periodicals,
brochures or leaflets
promoting overseas
travel and printed
material connected
with other imported
goods value 0.00%

THE CUSTOMS TARIFF AMENDMENT ACT 1997

4

COLUMN 1 COLUMN 2 COLUMN 3

Item No.

Ex-Bond Bonded
Duty
Paid

Class or Description
of Goods

Unit
for

Duty
Rate of
Duty

49.1100 Other printed
matter, including
printed pictures and
photographs value 22.25%

61.0050 Articles of apparel
and clothing
accessories of pure
natural fibre value 2.50%

69.1300 Statuettes and other
ornamental ceramic
articles value 6.50%

70.1300 Glassware of a kind
used for table,
kitchen, toilet, office,
indoor decoration or
similar purposes value 6.50%

71.0000 Natural or cultured
pearls, precious or
semi-precious
stones, coral,
precious metals and
articles thereof value 6.50%

71.1700 Imitation jewellery value 6.50%

89.0000 Ships, boats and
floating structures
(unless elsewhere
specified) value 33.50%

THE CUSTOMS TARIFF AMENDMENT ACT 1997

5

COLUMN 1 COLUMN 2 COLUMN 3

Item No.

Ex-Bond Bonded
Duty
Paid

Class or Description
of Goods

Unit
for

Duty
Rate of
Duty

89.1000 Fittings for vessels value 33.50%

97.0000 Paintings, drawings
and pastels (framed
or unframed),
original engravings,
prints and
lithographs; original
sculpture and
statuary in any
material value 8.50%

THE CUSTOMS TARIFF AMENDMENT ACT 1997

6

SECOND SCHEDULE (Section 3(2)(b))

New Items added to the First Schedule to the Customs Tariff
Act 1970

COLUMN 1 COLUMN 2 COLUMN 3

Item No.

Ex-Bond Bonded
Duty
Paid

Class or Description
of Goods

Unit
for

Duty
Rate of
Duty

27.1032 27.1033 27.1034 Gas oils supplied to
the Bermuda
Hospitals Board

l 23¢

84.4300 Printing machinery value 15.00%

89.0100 Vessels for the
transport of persons
for hire or reward
which the Director of
Marine and Ports
and the Collector of
Customs are
satisfied will be used
only for commercial
tours or commercial
diving purposes value 10.00%

THE CUSTOMS TARIFF AMENDMENT ACT 1997

7

THIRD SCHEDULE (Section 3(2)(c))

Items deleted from the First Schedule to the Customs Tariff
Act 1970

COLUMN 1 COLUMN 2 COLUMN 3

Item No.

Ex-Bond Bonded
Duty
Paid

Class or Description
of Goods

Unit
for

Duty
Rate of
Duty

89.0200 Fittings for vessels
which the Director of
Marine and Ports
and the Collector of
Customs are
satisfied will be used
only for commercial
tours or charter
fishing value 22.25%

89.0350 Sailing vessels,
assembled or in kit
form, of a class
approved by the
Minister for class
yacht racing value 33.50%

89.0400 Specialised fittings
of vessels in Item
No. 89.0350 value 22.25%

THE CUSTOMS TARIFF AMENDMENT ACT 1997

8

FOURTH SCHEDULE (Section 4)

Amendments to the Fifth Schedule to the Customs Tariff Act
1970

In section K—

A Delete item 13.

B Delete the statement of the exempted matters in
item 20 and substitute the following statement—

"All telecommunications equipment, apparatus and
machinery required for use by Cable and Wireless
Ltd ("the Company") in the renewal, provision,
operation, repair or extension of the Company's
telecommunications installations, subject to the
following provisos—

(a) no exemption is granted in the case of any
item to be installed on premises not owned by
the Company (unless a waiver is granted by
the Minister of Finance in consultation with
the Minister responsible for Tele-
communications);

(b) no article imported and exempted from duty
shall be sold or otherwise disposed of in
Bermuda unless the duty shall first have
been paid.".

C Insert the following new items, each in its proper
numerical place—

"Jewellery 20B Gem stones, natural or
cultured pearls, precious or
semi-precious stones, precious
metals and articles thereof if
exported to the supplier within
30 days from the day of import-
ation, on bond being fur-
nished to the Collector of
Customs that, in the event of
sale or disposal locally, the duty
ordinarily payable will be paid.

THE CUSTOMS TARIFF AMENDMENT ACT 1997

9

TeleBermuda 31A All telecommunications
International equipment, apparatus and
Ltd. machinery required for use by

TeleBermuda International Ltd
("the Company") in the renewal,
provision, operation, repair or
extension of the Company's
telecommunications installa-
tions, subject to the following
provisos—

(a) no exemption is granted
in the case of any item to
be installed on premises
not owned by the
Company (unless a waiver
is granted by the Minister
of Finance in consultation
with the Minister
responsible for
Telecommunications);

(b) no article imported and
exempted from duty shall
be sold or otherwise
disposed of in Bermuda
unless the duty shall first
have been paid.".

D Delete the statement of the exempted matters in
item 44 and substitute the following statement—

"Fire engines, other fire-fighting equipment and
fire-fighting supplies imported by the
Government or by a municipal fire-fighting
service for use in fighting fires.".