35Securities

35 Securities

(1) The CEO may, by written notice given to a person to whom bounty could become payable, require the person to give a specified amount of security for: (a) compliance by the person with the provisions of this Act and the regulations; or (b) the purpose of an undertaking given by the person for the purposes of this Act or the regulations. (2) Security may be given by bond, guarantee or cash deposit, or by all or any of those methods. (3) If a person is required to give security, the person is not entitled to bounty unless the person gives security in accordance with the requirement.