Summary
Introduced with the Customs Amendment Bill (No. 1) 2003, the bill amends the Customs Tariff Act 1995 to: add East Timor to the list of Developing Countries; define Least Developed Countries (LDCs); provide for the duty-free entry of goods originating in LDCs, East Timor (a developing country) and Singapore (under a free trade agreement); list Palau as a Developing Country rather than as a Place treated as Developing Country; add Papua New Guinea to the list of Forum Island Countries; and introduce two character abbreviations for countries (International Standards Organization Country Codes) throughout the Tariff.