Australian Capital Territory Current Regulations

COURT PROCEDURES RULES 2006 - REG 3265

    (1)     The respondent may lodge a bond or security for the amount of payment with the registrar instead of paying the amount into court.

    (2)     The bond must be given by—

        (a)     a corporation approved by the registrar; or

        (b)     the Territory, the Commonwealth or a State; or

        (c)     a person who is authorised, in writing, to give the bond for a person mentioned in paragraph (a) or (b).

    (3)     The bond or security—

        (a)     remains in effect unless the arbitral tribunal otherwise certifies; and

        (b)     applies as if the party had paid the amount of the bond or security into court under subrule (1).