(1) A decision by a
surety approval officer not to approve of the applicant as a surety is final
unless the applicant becomes entitled to re-apply under subsection (2).
(2) An applicant who
is refused approval as a surety may re-apply for approval to the surety
approval officer who made that decision, or if that officer is absent or
unavailable to another surety approval officer, on the ground that —
(a) new
facts have been discovered, new circumstances have arisen or the circumstances
have changed since he was refused approval; or
(b) he
failed to adequately present his case for approval on his previous
application,
and the provisions of
this Act, except section 37, shall, with necessary modifications, apply to any
such further application and the decision thereon.
[Section 41 amended: No. 6 of 2008 s. 24(3) and
(4).]