SECTION 1
Scope
SECTION 1.
Scope. — This Executive Order shall apply to all import and export cargoes, landed or stored in piers, airports, terminal facilities, including container yards and freight stations under the jurisdiction of the BOC.
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Executive Order No. 592 (2006)
Executive Order No. 592 (2006)
in line with such mandate, the BOC proposed to the National Economic and Development Authority (NEDA) Board, and the latter approved, the Non-Intrusive Container Inspection System (NCIS) Project, which is the most reliable means of container content identification while at the same time improving accuracy and correctness of assessment and collection of duties and taxes; abating smuggling and the illegal entry of drugs and hazardous materials; and improving the inflow and outflow of containers th
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SECTION 2
Container Security Fee
SECTION 2.
Container Security Fee. All shipments covered by this Executive Order shall be imposed the NEDA Board-approved mandatory container security fee (CSF) in Philippine currency equivalent to US$50 for every forty-footer container or US$25 for every twenty-footer container or twenty equivalent units (TEUs), provided that the Commissioner of Customs shall adjust the rates of the CSF in accordance with the schedule of fees as approved by the NEDA Board.
SECTION 3
Utilization of the CSF
SECTION 3.
Utilization of the CSF. The CSF shall be expended and utilized in the following manner:
a. Seventy five percent (75%) shall be remitted to the National Treasury as part of the General Fund for the repayment of the concessional loan to China, including interest, fees and other charges attendant thereto.
After the completion of the concessional loan payment, the 75% allocation shall be deposited in a Trust Fund, hereinafter created, in addition to the 25% allocation.
b. Twenty five percent (25%) shall be retained by the BOC and maintained as an administrative support system to be deposited in a Trust Fund for the sustainability of the NCIS Project including but not limited to the following purposes:
b.1 Maintenance and improvement of the operation of the NCIS, including the upgrading thereof;
b.2 Institutionalization of post audit procedures and processes;
b.3 Fraud and fraud-related investigations and prosecutions;
b.4 Training and related programs to enhance the capability and competence of personnel tasked to operate and maintain the system;
b.5 Other activities and programs to enhance the effectiveness and efficiency of the system as the BOC may deem to be appropriate.
SECTION 4
Creation of a Trust Fund
SECTION 4.
Creation of a Trust Fund. A NCISP Trust Fund is hereby created and established which shall be sourced from the twenty five percent (25%) portion of the CSF collected as stated in Section 3, paragraph b of this Executive Order. A permanent committee created under Section 45, Chapter 5, Book VI of Executive Order No. 292, otherwise known as the Administrative Code of 1987, shall monitor and evaluate the activities and the balances of the Trust Fund.
SECTION 5
SECTION 5. Failure to follow the directives of this Executive Order shall subject concerned officials to administrative sanctions pursuant to existing laws, rules and regulations.
SECTION 6
SECTION 6. This Executive Order shall take effect immediately upon its publication in a national newspaper of general circulation.
DONE in the City of Manila, this 15th day of December in the year of Our Lord, Two Thousand and Six.
(Sgd.) GLORIA MACAPAGAL-ARROYO President of the Philippines
By the President:
(SGD.) EDUARDO R. ERMITA Executive Secretary
Source: Malaca—ang Records Office
Office of the President of the Philippines. (2006). [Executive Order Nos. : 501 — 600]. Manila : Malaca—ang Records Office.