HMFSA2300 - General information: What legislation allows us to require financial security for movements of duty suspended goods?
EWER 1988
15 (c) The occupier shall ensure that…no
goods are removed until any duty chargeable has been paid, secured
or otherwise accounted for.
HMWR 1992
10 (1) (a)…a consignment of excise goods
may not be moved under duty suspension arrangements
unless…the duty chargeable on the excise goods…is
secured …10(4) The duty…shall be secured by an approved
guarantee or bond and any charge…that may arise in another
member state…shall also be secured by such a guarantee or
bond.
