Victorian Numbered Regulations Victorian Numbered Regulations(1) A surety shall justify by affidavit in Form 3–7B the guarantee given.
(2) If a surety is a natural person, the affidavit of justification shall give—
(a) particulars of and the value of the property of the surety; and
(b) particulars of and the value of the surety's debts and liabilities.
(3) A surety which is a corporation shall make an affidavit by its proper officer.
(4) An affidavit on behalf of a corporation which is a surety shall contain sufficient information of the financial position of the corporation to satisfy the Registrar that it has sufficient assets to meet any claim under the guarantee.
(5) The Registrar may accept an affidavit of justification from a corporation at least once each year instead of requiring an affidavit in every case in which that corporation is a surety.