Operation of TCOs
269S Operation of TCOs
Subject to the operation of subsection 269SA(2), a TCO is to be taken to have come into force on:
unless paragraph (b) applies—the day on which the application for the TCO was lodged; or
if there was more than one application for the TCO—the day on which the earliest application for the TCO was lodged.
Subject to section 269SG, a TCO applies in relation to the goods the subject of the TCO that were or are first entered for home consumption on or after the day on which the TCO is taken to have come into force.
Subject to the operation of subsection 269SA(1), a TCO continues in force until it is revoked under section 269SC or 269SD.
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