Approved Exporter. 1. The competent authorities of the exporting Party may authorize any exporter as "approved exporter" who makes frequent shipments of products under this Agreement to make out invoice declarations irrespective of the value of the products concerned. An exporter seeking such authorisation must offer to the satisfaction of the competent authorities evidence of the originating status of the products as well as the fulfilment of the other requirements of this Chapter. 2. The competent authorities may grant the status of approved exporter subject to any conditions which they consider appropriate. 3. The competent authorities shall grant to the approved exporter a customs authorisation number or reference number which shall appear on the invoice declaration. 4. The competent authorities shall monitor the use of the authorization by the approved exporter. 5. The competent authorities may withdraw the authorization at any time. They shall do so where the approved exporter no longer offers the guarantees referred to in paragraph 1, does not fulfil the conditions referred to in paragraph 2 or otherwise makes an incorrect use of the authorization. 6. The competent authorities responsible for the implementation of the verification of proof of origin within the meaning of Article 4.33 (Verification of Proofs of Origin) may inform each other on the changes in granting authorizations to the approved exporters and may also mutually exchange the updated lists.
Appears in 2 contracts
Samples: Free Trade Agreement, Free Trade Agreement
Approved Exporter.
1. The competent authorities of the exporting Party may authorize any exporter as "“approved exporter" ” who makes frequent shipments of products under this Agreement to make out invoice declarations irrespective of the value of the products concerned. An exporter seeking such authorisation must offer to the satisfaction of the competent authorities evidence of the originating status of the products as well as the fulfilment of the other requirements of this Chapter.
2. The competent authorities may grant the status of approved exporter subject to any conditions which they consider appropriate.
3. The competent authorities shall grant to the approved exporter a customs authorisation number or reference number which shall appear on the invoice declaration.
4. The competent authorities shall monitor the use of the authorization by the approved exporter.
5. The competent authorities may withdraw the authorization at any time. They shall do so where the approved exporter no longer offers the guarantees referred to in paragraph 1, does not fulfil the conditions referred to in paragraph 2 or otherwise makes an incorrect use of the authorization.
6. The competent authorities responsible for the implementation of the verification of proof of origin within the meaning of Article 4.33 (Verification of Proofs of Origin) may inform each other on the changes in granting authorizations to the approved exporters and may also mutually exchange the updated lists.
Appears in 2 contracts
Samples: Free Trade Agreement, Free Trade Agreement