Cap. 337 Art. 18No duty charged on articles in bond or released for immediate export.

(1) No bonded article shall be liable to duty under this Act, so long as it shall remain in bond, or on its being released from bond for immediate exportation.

(2) When an article is withdrawn from bond for use or consumption in Malta, the duty which shall be levied on such article shall be that chargeable at the point in time stated in article 12A, provided that if such article is not withdrawn from bond within ten working days after the said time, the bill of entry shall cease to be valid, and a new bill of entry shall be required therefor.