S.L. 337.43 Art. 9Security to cover duty on stocks.

(1) The operator shall deposit with the Comptroller a sum equivalent to the amount of duty payable on the quantity of goods stored in the duty free shop or shall give such alternative security as the Comptroller may require.

(2) The amount of any security consisting in a monetary deposit or in a bank guarantee shall be reconstituted to the original amount whenever any part of it is deducted for the recovery of any duty claimed under regulation 10 or any amount due under regulation 11.