Customs Amendment Act (No. 1) 2003 (62 of 2003)
Schedule 1 Least Developed Countries
Customs Act 1901
5 After section 153N
Insert:
153NA Manufactured goods originating in a Least Developed Country
Goods claimed to be the manufacture of a Least Developed Country are the manufacture of that country if:
(a) the last process in their manufacture was performed in that country; and
(b) having regard to their qualifying area, their allowable factory cost is at least 50% of their total factory cost.
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