Common use of Post Clearance Audit Clause in Contracts

Post Clearance Audit. 1. With a view to expediting the release of goods, each State Party shall adopt or maintain post clearance audit to ensure compliance with customs and other related laws and regulations. 2. Each State Party shall select a person or a consignment for post-clearance audit in a risk-based manner, which may include appropriate selectivity criteria. Each Member shall conduct post clearance audits in a transparent manner. Where the person is involved in the audit process and conclusive results have been achieved the State Party shall, without delay, notify the person whose record is audited of the results, the person's rights and obligations, and the reasons for the results. 3. The information obtained in post-clearance audit may be used in further administrative or judicial proceedings. 4. State Parties shall, wherever practicable, use the result of post-clearance audit in applying risk management.

Appears in 2 contracts

Samples: Agreement Establishing the African Continental Free Trade Area, Agreement Establishing the African Continental Free Trade Area

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Post Clearance Audit. 1. With a view to expediting the release of goods, each State Party shall adopt or maintain post post-clearance audit audits to ensure compliance with customs and other related laws and regulations. 2. Each State Party shall select a person or a consignment for a post-clearance audit in a risk-based manner, which may include appropriate selectivity criteria. Each Member Party shall conduct post a post-clearance audits audit in a transparent manner. Where the a person is involved in the audit process and conclusive results have been achieved achieved, the State Party shall, without delay, notify the person whose record is audited of the results, the person's rights and obligations, obligations and the reasons for the results. 3. The information obtained in a post-clearance audit may be used in further administrative or judicial proceedings. 4. State The Parties shall, wherever practicable, use the result of a post-clearance audit in applying risk management.

Appears in 1 contract

Samples: Free Trade Agreement

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Post Clearance Audit. 1. With a view to expediting the release of goods, each State Party shall adopt or maintain post post- clearance audit to ensure compliance with customs and other related laws and regulations. 2. Each State Party shall select a person or a consignment for post-clearance audit in a risk-based manner, which may include appropriate selectivity criteria. Each Member Party shall conduct post clearance audits in a transparent manner. Where the person is involved in the audit process and conclusive results have been achieved achieved, the State Party shall, without delay, notify the person whose record is audited of the results, the person's ’s rights and obligations, and the reasons for the results. 3. The information obtained in post-clearance audit may be used in further administrative or judicial proceedings. 4. State Parties Each Party shall, wherever practicable, use the result of post-clearance audit in applying risk management.

Appears in 1 contract

Samples: Trade Agreement

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