Page:United States Statutes at Large Volume 52.djvu/1129

 PUBLIC LAWS-CH. 679-JUNE 25, 1938 Irrevocable transfer; bond, conditions, ete. Retroactive provi- sion. 46 Stat. 744, 746. 19 U. . c .C§§1557, 1559, 1563. Time limitation, storage of imported grain, repealed. Grain imported pri- or to effective date and not abandoned. 46 Stat. 726, 744. 19 U.S. C. §§1491, 1559. 46 Stat. 744. 19 U.S. C. § 1558. of any transfer shall deprive him of this right. Any such transfer may be made irrevocable by the filing of a bond of the transferee in such amount and with such conditions as the Secretary of the Treasury shall prescribe, including an obligation to pay all unpaid regular, increased, and additional duties, charges, and exactions on the merchandise the subject of the transfer. Upon the filing of such bond the transferor shall be relieved from liabilitv for the payment of duties, charges, and exactions on the merchandise the subject of the transfer, but shall remain bound by all other unsatis- fied conditions of his bond." (b) On and after the effective date of this Act, this section shall be effective with respect to merchandise entered for warehouse prior to, as well as after, such date. SEC. 23. (a) Section 557 of the Tariff Act of 1930 (U. S . C., 1934 edition, title 19, sec. 1557) is hereby further amended and sections 559 and 563 of the Tariff Act of 1930 (U. S. C ., 1934 edition, title 19, secs. 1559 and 1563) are hereby amended by deleting "(or ten months in the case of grain)" wherever appearing in such sections. (b) The amendments made by subsection (a) of this section shall apply in the case of grain imported prior to the effective date of this Act which, on such date, has not become abandoned to the Govern- ment under section 491 or 559 of the Tariff Act of 1930 (U. S . C., 1934 edition, title 19, sec. 1491 or 1559), and which has remained in the custody of customs officers. SEC. 24. Section 558 of the Tariff Act of 1930 (U. S. C., 1934 edi- tion, title 19, sec. 1558) is hereby amended to read as follows: No remission or "SEC. 558. NO REMISSION OR REFUND AFTER RELEASE OF MER- refund after release of merchandise. CHANDISE. Drawback, etc., re- strictions. Exceptions. Exports where drawback is expressly provided. Prohibited articles, subsequently export. ed or destroyed. Imports under bond destroyed within bonded period. 46 Stat. 744. 19 U.S. C. § 1557. Articles exported or destroyed after release from customs custody; payment of duties. 46 Stat. 687. 19 U.S. C. 1304. 46 Stat. 745. 19 U.S.C. § 1562. Manipulation in other than a bonded warehouse. "(a) No remission, abatement, refund, or drawback of estimated or liquidated duty shall be allowed because of the exportation or destruction of any merchandise after its release from the custody of the Government, except in the following cases: "(1) When articles are exported with respect to which a draw- back of duties is expressly provided for by law; "(2) When prohibited articles have been regularly entered in good faith and are subsequently exported or destroyed pursuant to a law of the United States and under such regulations as the Secretary of the Treasury may prescribe; and "(3) When articles entered under bond, under any provision of law, are destroyed within the bonded period as provided for in section 557 of this Act or are destroyed within the bonded period by death, accidental fire, or other casualty, and proof of such destruction is furnished which shall be satisfactory to the Secretary of the Treasury, in which case any accrued duties shall be remitted or refunded and any condition in the bond that the articles shall be exported shall be deemed to have been satisfied. "(b) When articles are exported or destroyed under customs super- vision after once having been released from customs custody, as provided for in subsection (c) of section 304 of this Act, such expor- tation or destruction shall not exempt such articles from the pay- ment of duties other than the marking duty provided for in such subsection (c)." SEC. 25. Section 562 of the Tariff Act of 1930 (U. S . C., 1934 edi- tion, title 19, sec. 1562) is amended by adding the following new sen- tence at the end thereof: "Under such regulations as the Secretary of the Treasury shall prescribe2 imported merchandise which has been entered and which has remained in continuous customs custody may 1088 [52 STAT.

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