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TRADE MARKS ACT 1995 - SECT 141 Insufficient security

TRADE MARKS ACT 1995 - SECT 141

Insufficient security

    If security given under subsection   133(3A) by the objector or objectors who gave notice under section   132 in respect of a trade mark is not sufficient to meet the expenses incurred by the Commonwealth as a result of the action taken by the Comptroller - General of Customs under this Part because of the notice, the amount of the difference between those expenses and the amount of security:

  (a)   is a debt due by the objector, or by the objectors jointly or each of them separately, to the Commonwealth; and

  (b)   may be recovered by an action taken in a court of competent jurisdiction.

Note:   For objector see section   6.