§ 113.53 - Waiver of CBP requirement supported by a bond.

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Waiver by the Commissioner of CBP. When a CBP requirement supported by a bond is waived by the Commissioner of CBP, the waiver may be:

Unconditional, in which case the importer is relieved from the payment of liquidated damages;

Conditioned upon prior settlement of the bond obligation by payment of liquidated damages; or

Conditioned upon such other terms and conditions as the Commissioner of CBP may deem sufficient.

Waiver by the port director or other authorized CBP officer. When a CBP requirement supported by a bond is waived by the port director or other authorized CBP officer pursuant to the authority conferred by these regulations, the waiver will be unconditional.