by the negotiators of the Trans-Pacific Partnership

Summary

by the negotiators of the Trans-Pacific Partnership Trans-Pacific Partnership Agreement… (2015)

If a person voluntarily discloses to a Party’s customs administration the circumstances of a breach of a customs law, regulation or procedural requirement prior to the discovery of the breach by the customs administration, the Party’s customs administration shall, if appropriate, consider this fact as a potential mitigating factor when a penalty is established for that person.
Source: Wikisource

by the negotiators of the Trans-Pacific Partnership Trans-Pacific Partnership Agreement… (2015)

If a Party’s law provides that an advance ruling becomes ineffective after a fixed period of time, that Party shall endeavour to provide procedures that allow the requester to renew the ruling expeditiously before it becomes ineffective, in situations in which the law, facts and circumstances on which the ruling was based remain unchanged.
Source: Wikisource

by the negotiators of the Trans-Pacific Partnership Trans-Pacific Partnership Agreement… (2015)

Each Party shall review the amount periodically taking into account factors that it may consider relevant such as rates of inflation, effect on trade facilitation, impact on risk management, administrative cost of collecting duties compared to the amount of duties, cost of cross-border trade transactions, impact on SMEs or other factors related to the collection of customs duties.
Source: Wikisource

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