Marginal note:Refund or cancellation of security
108 The Minister of National Revenue shall refund or cancel any security given
(a) in respect of the issuance of a licence under section 91, when the licence is cancelled;
(b) in respect of goods that would have been classified under tariff item No. 9993.00.00 if they had met the conditions set out in that tariff item, when the goods are accounted for under section 32 of the Customs Act and all duties payable in respect of the goods are paid;
(c) in respect of goods of tariff item No. 9993.00.00, when the goods are destroyed in the manner that the Minister of National Revenue directs or the destruction is certified by a customs officer or another person designated by that Minister;
(d) in respect of goods of any tariff item in respect of which security is required, other than goods of tariff item No. 9993.00.00, when the goods are exported in the manner and within the period referred to in the tariff item in respect of which security was given or within the period established or extended by the regulations;
(e) in respect of goods of tariff item No. 9993.00.00, when the goods are exported, destroyed, consumed or expended in the manner and within the period referred to in that tariff item or within the period established or extended by the regulations; and
(f) in respect of an application for relief under section 106, if
(i) the goods in respect of which the application was made are not exported within the period referred to in subsection 106(3) or (4), as the case may be, the goods are accounted for under section 32 of the Customs Act, and all duties and taxes payable in respect of the goods are paid,
(ii) the goods in respect of which the application was made are destroyed in the manner that the Minister of National Revenue directs, or
(iii) the goods in respect of which the application was made are exported within the period referred to in subsection 106(3) or (4), as the case may be.
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