This Tariff Concession Order (TCO 0842982) designates iron or steel wall‑mounted towel rails and towel bars (Customs Tariff heading 8302.50.00) as goods to which Item 50 of Part III of Schedule 4 to the Customs Tariff Act 1995 applies, effective 8 December 2008 (made under s.269P of the Customs Act 1901; revocable under ss.269SC/269SD). Mechanically, importers of these fixtures become eligible for the Schedule 4 tariff concession; the Commonwealth forgoes the tariff revenue and importers may alter sourcing or pricing decisions accordingly.