The following is in response to the same question on Reloader's Nest:
As a former US Palma Team member, perhaps I can shed some light on this subject.
About 1980, the host country stopped supplying the rifles. In 1976, the World Palma Championships were held in Camp Perry, Ohio, and Winchester Model 70 Target Rifles were supplied. However, the host country has always supplied the ammo; in 1976 the USA supplied M118 Lake City Match. Some of the lot would be sent to each participating country the year before the match so chambers and barrels could be made to shoot it very accurate. This is because most countries do not allow handloads for highpower competition and arsenal or commercial ammo is used.
A Palma chamber is typically one that has dimensions virtually equal to the USA SAAMI specs except for the leade or throat. Leade diameter is usually .001-inch larger in diameter than the bullet. Some 30 caliber bullets used prior to the 1992 World Championships were as small as .3070-inch and .3065-inch groove diameters were best for accuracy. Since 1992, the International Palma Committee has specificied the Sierra Bullets 155-gr. Palma bullet be the standard and these are sent to the host country for loading. Length of the chamber leade or throat is usually short enough to allow about .010-inch setback of the bullet when chambered. It's interesting that 4-groove barrels shoot these bullets more accurate than a 6-groove one.
In Palma matches in the USA, Sierra's Palma bullet must often be used, but it can be handloaded. Other bullets and weights are sometimes allowed in local Palma matches.