EXECUTIVE ORDER NO. 38

: The Commissioner of Customs has the authority to approve settlements in seizure cases.
: The District Collector may settle seizure cases while the case is still pending, except in cases involving fraud, subject to the approval of the Commissioner.
: The settlement requires payment of a fine or redemption amount not less than 20% nor more than 80% of the landed cost of the seized imported article or the FOB value for export, or payment of the domestic market value for forfeited property.
: The owner, importer, exporter, consignee, or their authorized agent may offer to pay the fine or redemption value.
: Upon payment, the seized property is forthwith released, and all liabilities connected to the offense or attached to the property are deemed discharged.
: No, settlement by payment is not allowed if the importation is absolutely prohibited or if the release of the property would be contrary to law.
: Yes, the Commissioner may accept the settlement of seizure cases on appeal in the same manner.
: All liabilities that might attach to the property due to the offense occasioning the seizure, including any cash deposit or bond liabilities, are deemed discharged.
: Yes, all laws, rules, regulations, or issuances inconsistent with this Executive Order are repealed or modified accordingly.