National Ports Act, 2005 (Act No. 12 of 2005)RulesPorts RulesChapter 5 : Working of Vessels and Dangerous and Flammable Goods HandlingPart D : Agents, Financial Security, Port and Cargo Dues and Charges, and Penalties115. Security to be furnished to the Authority |
(1) | Before a vessel enters a port the owner, master or agent of that vessel must furnish security to the satisfaction of the Authority for the payment of any fees payable to the Authority12. |
(2) | Despite sub-rule (1), the Authority may, on written application by an agent, and subject to conditions that it may impose, open a credit account or credit facility against which will be levied any fees or charges that may become payable by the applicant under these rules or the Tariff Book. |
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12 In terms of section 73(4) of the Act, the Authority may require any person to furnish such security as it deems fit for the payment of any fee payable to the Authority.