[Code of Federal Regulations]

[Title 19, Volume 2]

[Revised as of April 1, 2006]

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

[CITE: 19CFR172.32]



[Page 318]

 

                        TITLE 19--CUSTOMS DUTIES

 

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

        HOMELAND SECURITY; DEPARTMENT OF THE TREASURY (CONTINUED)

 

PART 172_CLAIMS FOR LIQUIDATED DAMAGES; PENALTIES SECURED BY BONDS

--Table of Contents

 

                     Subpart D_Offers in Compromise

 

Sec.  172.32  Authority to accept offers.



    The authority to accept offers in compromise, subject to the 

recommendation of the General Counsel of the Treasury or his delegee, 

resides with the official having authority to decide a petition for 

relief, except that authority to accept offers in compromise submitted 

with regard to penalties secured by a bond or claims for liquidated 

damages which are the subject of a letter to show cause issued to a 

surety in anticipation of possible action involving nonacceptance of 

bonds authorized under the provisions of part 113 of this chapter will 

reside with the designated Headquarters official who issued the show 

cause letter.