(1) A party may apply to the Court for an order that:
(a) the appellant give security for the costs of the appeal, and for the manner, time and terms for giving the security; and
(b) the appeal be stayed until security is given; and
(c) if the appellant fails to comply with the order to provide security within the time specified in the order -- the appeal be stayed or dismissed.
(2) An application under subrule (1) must be accompanied by an affidavit stating the facts in support of the application.
Note Section 56 of the Act also deals with security for costs.