Taxation (Cross-border Trade) Act 2018

Keeping of goods in free zones

4 In the case of goods kept in free zones, each of the following is an example of the kind of provision that may be made by regulations under paragraph 2—

(a) provision authorising any processing of goods, or the carrying on of any other activity, in a free zone (subject only to restrictions or other limitations, exceptions or conditions that are specified),

(b) provision treating any chargeable goods entering a free zone as if they had been declared for a storage procedure,

(c) provision establishing a presumption (unless the contrary is shown) that goods taken out of a free zone are chargeable goods and requiring the goods to be declared for a Customs procedure,

(d) provision requiring goods entering or leaving a free zone to be presented at a place of a specified description together with documents of a specified description, and

(e) provision for exempting goods of a specified description from the application of any other provision made by or under this Part of this Act in cases where they are wholly consumed in a free zone or otherwise cease to exist having been wholly used in a free zone.