Section 40: Production of security
consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
40. Production of security
Where any security is issued upon the Director-General, its production on its
due date or thereafter, without further proof, shall entitle the Director-General
to judgment for its stated liability against the persons who have subscribed
such security unless release or satisfaction of such security is established.
[S. 40 amended by s. 9 (e) of Act 17 of 2007 w.e.f. 22 August 2007.]