CAP. 6]
Amount of bond.
R39.
Deposit in lieu of bond.
R40.
Money lodged
in court.
R41.
Security of guarantee society.
R42.
Notice of sureties.
R43.
Form 20.
Justification by sureties.
R44. Form 21.
Execution of bond.
R45.
Notice of deposit.
R46.
Bankruptcy.
14. The bond shall be taken in a penal sum, which shall be not less than the sum for which security is to be given, and probable costs, unless the opposite party consents to it being taken for a less sum.
15. Where a person is required to give security he may in lieu thereof lodge in court a sum equal to the sum in question in respect of which security is to be given and the probable costs of the trial of the question, together with a memorandum to be approved of by the Registrar and to be signed by such person, his solicitor or agent, setting forth the conditions on which the money is deposited.
16. The rules for the time being in force in the court relating to payment into and out of court of money lodged in court by way of security for costs shall apply to money lodged in court under these rules.
17. The security of a guarantee association or society, approved by the court or the opposite party may be given, in lieu of a bond or a deposit.
18. In all cases where a person proposes to give a bond by way of security, he shall serve, by post or otherwise, on the opposite party and on the Registrar, notice of the proposed sureties, and the Registrar may give notice to both parties of the time and place at which he proposes that the bond shall be executed and may state in the notice that, should the proposed obligee have any valid objection to make to the sureties or either of them, it must be made at that time.
19. The sureties shall make an affidavit of their sufficiency unless the opposite party dispenses with such affidavit, and such sureties shall attend the court to be cross-examined, if required.
20. The bond shall be executed and attested in the presence of the Registrar or the Official Receiver.
21. Where a person makes a deposit of money in lieu of giving a bond the Registrar shall forthwith give notice to the person to whom the security is to be given of such deposit having been made.
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