QUOFATAFERUNT BERMUDA CUSTOMS TARIFF (CUSTOMS AREA OPERATORS - CPC 4712) NOTICE 2026 BR 47 / 2026 The Minister of Finance, in exercise of the power conferred by Customs Procedure Code 4712 of the Fifth Schedule to the Customs Tariff Act 1970, makes the following Notice: Citation

1 This Notice may be cited as the Customs Tariff (Customs Area Operators - CPC 4712) Notice 2026. Interpretation

2 In this Notice—

“customs area operator” has the meaning prescribed in section 2 of the Revenue Act 1898;

“customs procedure code” or “CPC” has the meaning prescribed in section 1 of the Customs Tariff Act 1970;

“eligible beneficiary” means the St. George’s Oil Docks customs area operators;

“end-use conditions or restrictions” means the end-use conditions or restrictions specified in CPC 4712;

“qualifying goods” means the qualifying goods of tariff codes 2710.120, 2710.191 and 2710.192 as specified in CPC 4712. Customs area operator under CPC 4712

3 The following eligible beneficiaries are approved customs area operators at the St. George’s Oil Docks under CPC 4712 of the Fifth Schedule to the Customs Tariff Act 1970— 1 CUSTOMS TARIFF (CUSTOMS AREA OPERATORS - CPC 4712) NOTICE 2026

(a) Rubis Energy Bermuda Ltd.;

(b) SOL Petroleum Bermuda Limited. Duty rate

4 The rate of duty to be paid by the eligible beneficiaries on the qualifying goods being removed from bond pursuant to CPC 4712 and subject to end-use conditions or restrictions is as follows— Goods of tariff code— Rate of duty

2710.120 $0.639 per litre (light oils and preparations)

2710.191 (kerosene and other medium oils (not $0.162 per litre including gas oils))

2710.192 $0.397 per litre (gas oils (diesel)) Made this 1st day of May 2026 Minister of Finance

[Operative Date: 01 May 2026]