(1) The Concessionaire must enter into a bond of such amount as determined by the Comptroller to cover the provisions provided for in the next paragraph. Such a bond shall be entered with a sufficient number of sureties approved by the Comptroller.
(2) The amount of the Bond shall be sufficient to cover—
(a) the duty on the quantity of goods received into the warehouse;
(b) the duty on the quantity of the goods exported from the concession shop; and
(c) due observance of all the conditions attached by the Minister to the approval of the warehouse in accordance with sections 18, 134 and 160 of the Customs Act, 1967.