Law Summary
Definition and Scope of the Facility
- The Super Green Lane allows importers meeting specific qualifications to benefit from fast-tracked customs clearance.
- Import shipments processed under this facility bypass routine physical and documentary inspections, assuming regulatory compliance.
- Applicable only to shipments handled through the Bureau of Customs under the Department of Finance’s oversight.
Establishment of the Super Green Lane Trust Fund
- A dedicated Trust Fund is created to support the operations of the Super Green Lane Facility.
- Fund sourced from service fees charged to qualified importers per shipment utilizing the facility.
- The Trust Fund is managed according to rules set by the Permanent Committee under Section 45, Executive Order No. 292 (Administrative Code of 1987).
- The Permanent Committee is tasked with monitoring and evaluating the Trust Fund’s activities and balances.
Utilization of the Trust Fund
- The funds may be expended to maintain and improve the Super Green Lane’s operations, including the Bureau of Customs’ Automated Customs Operation System and other related computer systems.
- Supports institutionalizing post-audit procedures and processes for shipments processed under the facility.
- Facilitates investigations and prosecutions related to fraud in the facility’s operations.
- Provides resources for training and capability enhancement programs for personnel managing the facility.
- Allows funding of additional activities or programs deemed appropriate by the Bureau of Customs to boost the facility’s effectiveness and efficiency.
Implementation and Rulemaking
- The Secretary of Finance and the Commissioner of Customs shall promulgate the necessary rules and regulations to implement the Executive Order effectively.
Effectivity
- The Executive Order takes effect immediately upon issuance.
Key Legal Concepts and Principles
- Balances expedited customs clearance with compliance to customs laws to protect revenue collection.
- Establishes a user-pays system ensuring sustainability through service fees.
- Emphasizes modernization and technology adoption (Electronic Data Interchange) to promote trade facilitation.
- Incorporates oversight and accountability through the Permanent Committee and structured fund management.
- Supports continuous improvement through capacity building and fraud control measures.