delete Customs (Prohibited Exports) Amendment Regulations 2001 (No. 1)
Amendment to the Customs (Prohibited Exports) Regulations that modifies which goods are prohibited from export, adding new restrictions or altering existing ones.
Export prohibitions restrict voluntary trade, increasing compliance costs for businesses and limiting market opportunities. The amendment likely expands these restrictions, creating unseen harms such as reduced competitiveness, diversion to illegal markets, and misallocation of resources away from productive activity. The purported benefits (security, environment) could be achieved through less burdensome, market-based approaches.