(1) The security to be
given by a defendant may be a deposit in Court of the amount mentioned in the
order not exceeding the amount claimed in the action, or a bond to the
plaintiff by the defendant and 2 sufficient sureties (or with the leave of a
judge, one surety), or with the plaintiff’s consent any other form of
security.
(2) The plaintiff may,
after receiving particulars of the names and addresses of the proposed
sureties, give notice that he objects thereto, stating in the notice the
particulars of his objections.
(3) In such case the
sufficiency of the security shall be determined by a master or a registrar,
who shall have power to award costs to either party, and such order may be
enforced as if it were an order of a judge.
(4) It shall be the
duty of the plaintiff to obtain an appointment for the purpose of determining
the sufficiency of the security, and unless he does so within 4 days after
giving notice of objection, the security shall be deemed sufficient.
[Section 64 amended: No. 67 of 1979 s. 15; No. 47
of 1983 s. 13.]