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Customs and Excise Act, 1964 (Act No. 91 of 1964)

Customs and Excise Rules

Chapter VIII : Registration, Licensing and Accredited Clients

Rules for Section 64G of the Act

Licensing of, and conditions and procedures applicable to, degrouping depots contemplated in section 6(1)(hC) and 64G for goods imported by air

Security

 

64G.04
(a) Before any licence is issued a degrouping operator must—
(i) pay any licence fee that may be prescribed;

[Rule 64G.04(a)(i) substituted by section 75(a) of Notice No. R.473, GG43245, dated 24 April 2020]

(ii) [Rule 64G.04(a)(ii) deleted by section 75(b) of Notice No. R.473, GG43245, dated 24 April 2020]
(b) [Rule 64G.04(b) deleted by section 75(c) of Notice No. R.473, GG43245, dated 24 April 2020]
(c) If security is furnished in the form of a bond, such bond—
(i) is subject to the provisions of rules 120.08 and 120.09;
(ii) must be in the form of the pro forma bond prescribed in these rules.
(d) In determining the amount of security, the Commissioner may take into account—
(i) the average amount of duty leviable monthly on imported cargo removed by the applicant for degrouping over a sex-month period; or
(ii) an estimated amount of duty so leviable in respect of cargo that will be removed to the degrouping depot by the applicant over a six-month period after commencing of degrouping operations.