S.L. 117.15 Art. 21Approval by Director of certificate of costings prior to releaseofimported commodities.

(1) No imported commodity shall be released by an importer or wholesaler to any person before the relative certificate of costings has been submitted to, and approved by, the Director.

(2) Certificates of costings shall be drawn up by the importer and submitted to the Director not later than forty-eight hours after the goods have been withdrawn out of Customs control, on forms obtainable at the office of the Director: Provided that the Director may, in special cases, extend the said period of forty-eight hours if he is satisfied that the importer cannot comply with the provisions of this regulation within the said time.

(3) The Director may in his discretion exempt any commodity of commodities, or any class or classes of commodities, from the requirements of this regulation.

(4) The provisions of this regulation shall not apply to any commodity the maximum price of which is at the time of the release fixed in the manner specified in regulation 3(2)(a).

(5) If any certificate of costings, or any document accompanying it, submitted under this regulation is false, misleading or otherwise incorrect in any material respect, the person submitting it and any person responsible for the drawing up thereof shall be guilty of an offence against these regulations.