20(1)For the purposes of ensuring compliance with the Act and this Regulation, the Board may require any of the following persons to provide security to the Board at any time:
(a)
an applicant for the issuance of a registration;
(b)
a registrant; and
(c)
a person seeking the reinstatement of a suspended registration.
20(2)The amount of security required shall not exceed the following:
(a)
in respect of a registration of a supplier - the amount of the fees that the Board reasonably estimates would be remitted by the supplier under section 31 during a two month period; and
(b)
in respect of a registration of a brand owner - the amount of the fees that the Board reasonably estimates would be remitted by the brand owner under section 48, 50.26, 50.45, 50.67, 50.85 or 50.981 during a six month period.
20(3)The Board shall serve written notice on a person required to provide security, and the notice shall include the following information:
(a)
the form and amount of the security required;
(b)
the nature of the proof of the security required by the Board;
(c)
the time within which the security is to be provided; and
(d)
the time period during which the security is to be maintained.
20(4)A person served with a written notice shall, within the time specified in the notice, provide security and maintain it in accordance with the notice.
20(1)For the purposes of ensuring compliance with the Act and this Regulation, the Board may require any of the following persons to provide security to the Board at any time:
(a)
an applicant for the issuance of a registration;
(b)
a registrant; and
(c)
a person seeking the reinstatement of a suspended registration.
20(2)The amount of security required shall not exceed the following:
(a)
in respect of a registration of a supplier - the amount of the fees that the Board reasonably estimates would be remitted by the supplier under section 31 during a two month period; and
(b)
in respect of a registration of a brand owner - the amount of the fees that the Board reasonably estimates would be remitted by the brand owner under section 48, 50.26, 50.45, 50.67 or 50.85 during a six month period.
20(3)The Board shall serve written notice on a person required to provide security, and the notice shall include the following information:
(a)
the form and amount of the security required;
(b)
the nature of the proof of the security required by the Board;
(c)
the time within which the security is to be provided; and
(d)
the time period during which the security is to be maintained.
20(4)A person served with a written notice shall, within the time specified in the notice, provide security and maintain it in accordance with the notice.
20(1)For the purposes of ensuring compliance with the Act and this Regulation, the Board may require any of the following persons to provide security to the Board at any time:
(a)
an applicant for the issuance of a registration;
(b)
a registrant; and
(c)
a person seeking the reinstatement of a suspended registration.
20(2)The amount of security required shall not exceed the following:
(a)
in respect of a registration of a supplier - the amount of the fees that the Board reasonably estimates would be remitted by the supplier under section 31 during a two month period; and
(b)
in respect of a registration of a brand owner - the amount of the fees that the Board reasonably estimates would be remitted by the brand owner under section 48, 50.26, 50.45 or 50.67 during a six month period.
20(3)The Board shall serve written notice on a person required to provide security, and the notice shall include the following information:
(a)
the form and amount of the security required;
(b)
the nature of the proof of the security required by the Board;
(c)
the time within which the security is to be provided; and
(d)
the time period during which the security is to be maintained.
20(4)A person served with a written notice shall, within the time specified in the notice, provide security and maintain it in accordance with the notice.
20(1)For the purposes of ensuring compliance with the Act and this Regulation, the Board may require any of the following persons to provide security to the Board at any time:
(a)
an applicant for the issuance of a registration;
(b)
a registrant; and
(c)
a person seeking the reinstatement of a suspended registration.
20(2)The amount of security required shall not exceed the following:
(a)
in respect of a registration of a supplier - the amount of the fees that the Board reasonably estimates would be remitted by the supplier under section 31 during a two month period; and
(b)
in respect of a registration of a brand owner - the amount of the fees that the Board reasonably estimates would be remitted by the brand owner under section 48, 50.26 or 50.45 during a six month period.
20(3)The Board shall serve written notice on a person required to provide security, and the notice shall include the following information:
(a)
the form and amount of the security required;
(b)
the nature of the proof of the security required by the Board;
(c)
the time within which the security is to be provided; and
(d)
the time period during which the security is to be maintained.
20(4)A person served with a written notice shall, within the time specified in the notice, provide security and maintain it in accordance with the notice.
20(1)For the purposes of ensuring compliance with the Act and this Regulation, the Board may require any of the following persons to provide security to the Board at any time:
(a)
an applicant for the issuance of a registration;
(b)
a registrant; and
(c)
a person seeking the reinstatement of a suspended registration.
20(2)The amount of security required shall not exceed the following:
(a)
in respect of a registration of a supplier - the amount of the fees that the Board reasonably estimates would be remitted by the supplier under section 31 during a two month period; and
(b)
in respect of a registration of a brand owner - the amount of the fees that the Board reasonably estimates would be remitted by the brand owner under section 48 or section 50.26 during a six month period.
20(3)The Board shall serve written notice on a person required to provide security, and the notice shall include the following information:
(a)
the form and amount of the security required;
(b)
the nature of the proof of the security required by the Board;
(c)
the time within which the security is to be provided; and
(d)
the time period during which the security is to be maintained.
20(4)A person served with a written notice shall, within the time specified in the notice, provide security and maintain it in accordance with the notice.
20(1)For the purposes of ensuring compliance with the Act and this Regulation, the Board may require any of the following persons to provide security to the Board at any time:
(a)
an applicant for the issuance of a registration;
(b)
a registrant; and
(c)
a person seeking the reinstatement of a suspended registration.
20(2)The amount of security required shall not exceed the following:
(a)
in respect of a registration of a supplier - the amount of the fees that the Board reasonably estimates would be remitted by the supplier under section 31 during a two month period; and
(b)
in respect of a registration of a brand owner - the amount of the fees that the Board reasonably estimates would be remitted by the brand owner under section 48 during a six month period.
20(3)The Board shall serve written notice on a person required to provide security, and the notice shall include the following information:
(a)
the form and amount of the security required;
(b)
the nature of the proof of the security required by the Board;
(c)
the time within which the security is to be provided; and
(d)
the time period during which the security is to be maintained.
20(4)A person served with a written notice shall, within the time specified in the notice, provide security and maintain it in accordance with the notice.