19 U.S.C. § 81f — Application for establishment and expansion of zone

submitted 92 years ago by ch. 590 to r/title-19-CUSTOMS-DUTIES · 200 words · no verdicts yet

in plain englishAI-generated · not legal advice

A corporation applying to set up a foreign-trade zone must describe the proposed site, its planned facilities and costs, its construction timeline, and how it will pay for everything. The Board may allow amendments, and expanding an existing zone follows the same approval process as a new application.

(a) What an application must state. Each application must describe, in detail: the location and qualifications of the proposed zone area, including the land and water involved, how it will be separated from customs territory, its fitness for use as a zone, and room for it to expand; the facilities the applicant plans to build, their estimated cost, and any existing facilities it plans to use; the timeline for starting and finishing construction of the zone and its facilities; how the applicant plans to finance the project; and any other information the Board requires. (b) Amending an application; expanding a zone. The Board may allow an application to be amended, either on its own initiative or when asked. Expanding the area of an already-established zone must be approved the same way an original application is approved.

the actual law source: uscode.house.gov ↗public domain

(a) Application for establishment; requirements

Each application shall state in detail—

(1)

The location and qualifications of the area in which it is proposed to establish a zone, showing (A) the land and water or land or water area or land area alone if the application is for its establishment in or adjacent to an interior port; (B) the means of segregation from customs territory; (C) the fitness of the area for a zone; and (D) the possibilities of expansion of the zone area;

(2)

The facilities and appurtenances which it is proposed to provide and the preliminary plans and estimate of the cost thereof, and the existing facilities and appurtenances which it is proposed to utilize;

(3)

The time within which the applicant proposes to commence and complete the construction of the zone and facilities and appurtenances;

(4)

The methods proposed to finance the undertaking;

(5)

Such other information as the Board may require.

(b) Amendment of application; expansion of zone

The Board may upon its own initiative or upon request permit the amendment of the application. Any expansion of the area of an established zone shall be made and approved in the same manner as an original application.

Source credit: (June 18, 1934, ch. 590, § 6, 48 Stat. 1000.)

history & why it existsrecord from the source credit

1934Enacted · Act of June 18, 1934, ch. 590 · 48 Stat. 1000

A history note hasn’t been published yet. The record shows enactment by ch. 590 on 1934-06-18.

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