FTZB Reminds Grantees of New Streamlined Zone Schedule Requirements
The Foreign-Trade Zones Board posted guidance for grantees on streamlined zone schedule requirements set forth in a 2012 final rule (see 12030212). In contrast to FTZB’s pre-2012 zone schedule requirements, the new regulations eliminated “anything that we did not believe was essential,” FTZB said. So grantees “should not hesitate to remove information from their zone schedule if it is no longer required,” it said. Specifically, FTZB said each zone schedule should include the following:
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
- A title page, which shall include the name of the zone grantee and the date of the current schedule;
- A table of contents;
- Internal rules/regulations and policies for the zone;
- All rates or charges assessed by or on behalf of the grantee;
- Information on any operator which has an agreement with the grantee to offer services to the public, including the operator's rates or charges for all zone-specific services offered; and
- An appendix with definitions of any FTZ-related terms used in the zone schedule (as needed).
To assist grantees in preparing their zone schedule, FTZB posted a sample zone schedule table of contents (here).