141Insufficient security

141 Insufficient security

If security given under subsection 133(3A) by the objector or objectors who gave notice under section 132 in respect of a trade mark is not sufficient to meet the expenses incurred by the Commonwealth as a result of the action taken by the Comptroller‑General of Customs under this Part because of the notice, the amount of the difference between those expenses and the amount of security: (a) is a debt due by the objector, or by the objectors jointly or each of them separately, to the Commonwealth; and (b) may be recovered by an action taken in a court of competent jurisdiction.

Note: For objector see section 6.