This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on 1 July 2001, amend the Customs and Excise Regulations 1996.
The principal regulations currently deal with countries declared to be less and least developed countries under the Tariff Act 1988 as a single group for the purposes of determining the country of produce or manufacture of goods.
The amendments provide for less and least developed countries to be separated into 2 distinct groups (Groups II and III, respectively).
The amendments are consequential on the removal of all duties on goods imported into New Zealand from countries declared to be least developed countries (Group III) for the purposes of the Tariff Act 1988 (see the Tariff (Least Developed Countries Duty Removal) Amendment Order 2001).