| (a) | Before any licence is issued a degrouping operator must— |
| (i) | pay any licence fee that may be prescribed; |
[Rule 64G.04(a)(i) substituted by section 75(a) of Notice No. R.473, GG43245, dated 24 April 2020]
| (ii) | [Rule 64G.04(a)(ii) deleted by section 75(b) of Notice No. R.473, GG43245, dated 24 April 2020] |
| (b) | [Rule 64G.04(b) deleted by section 75(c) of Notice No. R.473, GG43245, dated 24 April 2020] |
| (c) | If security is furnished in the form of a bond, such bond— |
| (i) | is subject to the provisions of rules 120.08 and 120.09; |
| (ii) | must be in the form of the pro forma bond prescribed in these rules. |
| (d) | In determining the amount of security, the Commissioner may take into account— |
| (i) | the average amount of duty leviable monthly on imported cargo removed by the applicant for degrouping over a sex-month period; or |
| (ii) | an estimated amount of duty so leviable in respect of cargo that will be removed to the degrouping depot by the applicant over a six-month period after commencing of degrouping operations. |
