[Code of Federal Regulations]

[Title 19, Volume 1]

[Revised as of April 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 19CFR125.42]



[Page 680]

 

                        TITLE 19--CUSTOMS DUTIES

 

   CHAPTER I--BUREAU OF CUSTOMS AND BORDER PROTECTION, DEPARTMENT OF 

              HOMELAND SECURITY; DEPARTMENT OF THE TREASURY

 

PART 125_CARTAGE AND LIGHTERAGE OF MERCHANDISE--Table of Contents

 

                           Subpart E_Liability

 

Sec.  125.42  Cancellation of liability.



    The Fines, Penalties, and Forfeitures Officer, in accordance with 

delegated authority, may cancel liquidated damages incurred under the 

bond of the foreign trade zone operator, containing the bond conditions 

set forth in Sec.  113.73 of this chapter, or under the bond of the 

cartman, lighterman, bonded carrier, bonded warehouse operator, 

container station operator or centralized examination station operator 

on Customs Form 301, containing the bond conditions set forth in Sec.  

113.63 of this chapter, upon the payment of such lesser amount, or 

without the payment of any amount, as the Fines, Penalties, and 

Forfeitures Officer may deem appropriate under the circumstances. 

Application for cancellation of liquidated damages incurred shall be 

made in accordance with the provisions of part 172 of this chapter.



[T.D. 00-57, 65 FR 53575, Sept. 5, 2000]