8
In forceUndertaking by caveator
Part IICaveats
Division 1Caveats against arrest
8 Undertaking by caveator
(1)
The filing of a caveat under rule 7 constitutes an undertaking by the caveator:
(a)
to enter an appearance in a proceeding of a kind specified in the caveat that is commenced as an action in rem against the ship or other property specified in the caveat; and
(b)
to comply with rule 9.
(2)
The undertaking is enforceable by the court in which the proceeding is commenced.
This Act’s bill:Explanatory statement
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