North American Free Trade Agreement Implementation Act: Reporting requirements,

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Federal Register: June 26, 1998 (Volume 63, Number 123)Rules and RegulationsPage 34808From the Federal Register Online via GPO Access [wais.access.gpo.gov]

DOCID:fr26jn98-16

DEPARTMENT OF THE TREASURY

Customs Service

19 CFR Parts 19, 24, 111, 113, 143, 162, 163, 178, and 181

(T.D. 98-56) RIN 1515-AB77

Recordkeeping Requirements

AGENCY: Customs Service; Department of the Treasury.

ACTION: Final rule; correction.

SUMMARY: This document makes a correction to the document published in the Federal Register which set forth final amendments to the Customs Regulations to reflect changes to the Customs laws regarding recordkeeping and related requirements. The correction involves an incorrect citation within Sec. 163.6 of the final regulatory texts.

EFFECTIVE DATE: This correction is effective July 16, 1998.

FOR FURTHER INFORMATION CONTACT: Francis W. Foote, Regulations Branch, Office of Regulations and Rulings (202-927-0163).

SUPPLEMENTARY INFORMATION:

Background

On June 16, 1998, Customs published in the Federal Register (63 FR 32916) as T.D. 98-56 a final rule document setting forth final amendments to the Customs Regulations to reflect changes to the Customs laws regarding recordkeeping requirements, examination of records and witnesses, regulatory audit procedures, and judicial enforcement contained in the Customs Modernization provisions of the North American Free Trade Agreement Implementation Act (Pub. L. 103-182, 107 Stat. 2057). The majority of those final regulatory texts are contained in new part 163 (19 CFR part 163) which reflects general recordkeeping requirements applicable to persons who engage in specified types of customs transactions.

Within new part 163, Sec. 163.6 includes requirements concerning the production and examination of entry records and prescribes the monetary penalty assessment and additional actions that Customs may take for a failure to comply with those requirements. Within Sec. 163.6, paragraph (b)(2)(i) specifies the additional actions that Customs may take and paragraph (b)(2)(ii) sets forth an exception to the paragraph (b)(2)(i) general rule. However, the text of paragraph (b)(2)(ii), as published, improperly included a reference to paragraph ``(b)(2)(ii)(B)'' which should have read ``(b)(2)(i)(B)''. This document corrects this typographical error.

Correction to the Final Regulations

Sec. 163.6 [Corrected]

On page 32948, in the third column, in Sec. 163.6, in paragraph (b)(2)(ii), the reference ``(b)(2)(ii)(B)'' is corrected to read ``(b)(2)(i)(B)''.

Dated: June 22, 1998. Harold M. Singer, Chief, Regulations Branch.

FR Doc. 98-17060Filed6-25-98; 8:45 amBILLING CODE 4820-02-P

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