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Supreme Court Rules 2000
449Security does not exceed $10 000
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449 Security does not exceed $10 000
(1) If the amount for which a receiver is to give security does not exceed $10 000, it may be given by an undertaking.
(2) An undertaking is to be –
(a) in accordance with the prescribed form; and
(b) executed by the receiver and each surety; and
(c) filed in the registry and kept as of record until it has been vacated.