Contents of Section
Bookmark
Add to Printing List

Chapter:

109A PDFTitle:DUTIABLE COMMODITIES REGULATIONSGazette Number:
Regulation:27Heading:BondsVersion Date:30/06/1997

(1) An applicant for the issue of any licence or permit, in accordance with the provisions of the Ordinance or any regulations made thereunder shall, as a condition precedent to the issue thereof, furnish such security either in cash or by means of a bond as the Commissioner may require to ensure- (L.N. 294 of 1982)

        (a) the due observance of and compliance with the provisions of the Ordinance and regulations made thereunder and the conditions of his licence or permit;
        (b) the payment of duty;
        (c) the safe and secure keeping of all dutiable goods on his premises until their lawful removal therefrom.
(2) Upon any failure to observe any obligation specified in subregulation (1) the security furnished shall be forfeited to the Government without prejudice to any other penalty which may be imposed. (L.N. 6 of 1970; L.N. 452 of 1996)
(3) A person aggrieved by a forfeiture of security under this regulation may appeal to the Administrative Appeals Board. (L.N. 452 of 1996)