[Code of Federal Regulations]
[Title 19, Volume 1]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 19CFR113.53]

[Page 505]
 
                        TITLE 19--CUSTOMS DUTIES
 
  CHAPTER I--UNITED STATES CUSTOMS SERVICE, DEPARTMENT OF THE TREASURY
 
PART 113--CUSTOMS BONDS--Table of Contents
 
        Subpart F--Assessment of Damages and Cancellation of Bond
 
Sec. 113.53  Waiver of Customs requirement supported by a bond.

    (a) Waiver by the Commissioner of Customs. When a Customs 
requirement supported by a bond is waived by the Commissioner of 
Customs, the waiver may be:
    (1) Unconditional, in which case the importer is relieved from the 
payment of liquidated damages;
    (2) Conditioned upon prior settlement of the bond obligation by 
payment of liquidated damages; or
    (3) Conditioned upon such other terms and conditions as the 
Commissioner may deem sufficient.
    (b) Waiver by the port director. When a Customs requirement 
supported by a bond is waived by the port director pursuant to the 
authority conferred by these regulations, the waiver shall be 
unconditional.