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Customs and Excise Act, 1964 (Act No. 91 of 1964)

Customs and Excise Rules

Chapter VIII : Registration, Licensing and Accredited Clients

Rules for Section 64F of the Act

Licensing of distributors of fuel obtained from the licensee of a customs and excise manufacturing warehouse

Pro Forma Addendum to Bond for a Licensed Distributor

 

SOUTH AFRICAN REVENUE SERVICE

 

CUSTOMS AND EXCISE ACT, 1964 (ACT NO. 91 OF 1964)

 

PRO FORMA ADDENDUM TO BOND FOR LICENSED DISTRIBUTOR – RULE 64F.02

 

 

The sum in which we _______________________________________________ as Principal (hereinafter referred to as the Principal) herein represented by—

 

1.         ______________________________________________________________________

 

2.        ______________________________________________________________________

 

in their respective capacities as—

 

1.        ______________________________________________________________________

 

2.        ______________________________________________________________________

 

* they being duly authorised thereto by virtue of a resolution passed at a meeting of the Board of Directors held at ________________________________________________

 

* they being duly authorised thereto with the express consent in writing of all the members of the close corporation/all the partners of a partnership/trustees of the trust obtained at a meeting held at ____________________________ on this ______________ day of ______________             and as Surety(ies) and Co-Principal Debtor(s) in solidium herein represented by—

 

1.        ________________________________________________________________

 

2.        ________________________________________________________________

 

in their respective capacities as—

 

1.        ________________________________________________________________

 

2.        ________________________________________________________________

 

they being duly authorised thereto by virtue of standard *internal banking / insurance regulations relating to signing powers, to the bond in the sum of R___________________ signed on behalf of the Principal at ________________________________________ on this ______________ day of __________________________ 20       are bound under that bond, is hereby increased by an amount of R____________________ to R______________________.

 

 

Signed by the Principal on this                                                             day of _________________ 20         at __________________________________________________

 

________________________ _____________________________
Signature of Principal Signature of Principal

 

 

In the presence of the subscribed witnesses:

 

1.        ______________________________        1.        __________________________

 

2.         ______________________________        2.        __________________________

 

 

Signed by the Surety and Co-Principal Debtor on this the ________________________ day of ___________ at _________________________________________________________

 

________________________ _________________________
Signature of Surety and Co-Principal Debtor Signature of Surety and Co-Principal Debtor

 

 

In the presence of the subscribed witnesses:

 

 

1.        ______________________________        1.        __________________________

 

2.         ______________________________        2.        __________________________

 

*Delete whichever is not applicable