167 Commissioner or court may require security for costs

(1)

The Commissioner or the court, as the case may be, may require a party to legal proceedings under this Act to give security for the costs of the proceedings if satisfied that—

(a)

the party does not reside, and does not carry on business, in New Zealand; or

(b)

there is reason to believe that the party will be unable to pay the costs of the other party if unsuccessful in the proceedings.

(2)

If the party does not give the security required, the Commissioner or the court may treat the proceedings as abandoned by the party and determine the matter accordingly.

Section 167: replaced, on 13 January 2020, by section 132 of the Regulatory Systems (Economic Development) Amendment Act 2019 (2019 No 62).