Transit bond obligation: carrier liable to pay goods' value and penalties on demand, enforceable under customs law. A bond by an authorised carrier secures transit of coastal goods through foreign territory and requires payment on demand of the goods' value and any penalty if containers differ from the Departure Manifest, contents are misdescribed, goods are not accounted to the satisfaction of customs, or goods subject to export duty/restrictions are lost in transit; the amount may be recovered under the Customs Act's statutory recovery mechanism.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Transit bond obligation: carrier liable to pay goods' value and penalties on demand, enforceable under customs law.
A bond by an authorised carrier secures transit of coastal goods through foreign territory and requires payment on demand of the goods' value and any penalty if containers differ from the Departure Manifest, contents are misdescribed, goods are not accounted to the satisfaction of customs, or goods subject to export duty/restrictions are lost in transit; the amount may be recovered under the Customs Act's statutory recovery mechanism.
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