III.2.3.4. Revocation of the guarantor's authorization or the commitment and termination of the commitment

Article 23 of Appendix I to the Convention
Article 93 of the CAU

The guarantor's authorization or the guarantor's commitment may be revoked by the guarantor's customs office at any time. The guarantor's office must notify the guarantor and the holder of the regime of the revocation. The revocation will take effect on the sixteenth day following the date on which the guarantor receives or is deemed to have received the revocation decision.

Article 82 of the AD

Provided that the customs authorities have not required the chosen form of security to be maintained for a specific period, the guarantor may terminate his commitment at any time. The guarantor must notify the guarantee customs office of the termination.

The termination shall not affect goods which, at the time it takes effect, have already been placed under a common/Union transit procedure and remain there by virtue of the terminated undertaking.

The termination of the commitment by the guarantor shall take effect on the sixteenth day following the date on which the guarantor notifies the termination to the customs office of guarantee.

If the guarantor's commitment is revoked or terminated, the guarantor's corresponding commitment shall be retained by the guarantor for a minimum period of nine months, unless the (customs) debt has been extinguished or can no longer be incurred, or the guarantor has been notified of the collection of the (customs) debt or the completion of the procedure.

If the guarantor has been notified that a transit procedure has not been finalized, the guarantee office shall retain the obligation based on the information received until the debt has been collected or the procedure has been finalized, or, if appropriate, the guarantor has been released from liability.

The customs authorities of the country to which the respective customs office of guarantee is located shall enter the information regarding the revocation or termination of the guarantee and the effective date into the electronic system.