(1) When making the presentation of the petition, or within 3 days thereafter, the petitioner shall give security in the sum of $480 for the payment of all costs, charges and expenses that may become payable by him or her to any party to the proceedings or to any person summoned as a witness on his or her behalf.
(2) The security may be given wholly or partly by deposit of money with the Director of Finance and Planning or by delivering to the Registrar a recognizance taken and acknowledged by the petitioner and by any number of sureties not exceeding 3 before a justice of the peace or other person authorised to administer oaths in favour of Our Sovereign Lord The King.
(3) Within 3 days after the giving of security as required by this rule, notice of the nature of the security given shall be served by the petitioner on the respondent.
(4) When the security is given wholly or partly by recognizance, it shall be lawful for the respondent within 10 days from the date of service on him or her of the notice to object to the recognizance on the ground that one or more of the sureties is insufficient, or that a surety is dead, or that he or she cannot be found or ascertained for want of sufficient description in the recognizance, or that a person named in the recognizance has not duly acknowledged the same.
(5) Any objection to the security shall be made by summons before a judge supported by affidavit of the facts relied on, but the judge may require evidence of witnesses on personal examination, if he or she thinks fit so to require.
(6) The summons shall be made upon not less than 4 days notice to the petitioner and the costs thereof shall be in the discretion of the judge who may decide which party shall pay them.
(7) The costs of hearing and deciding any objection upon the ground of insufficiency of a surety or sureties shall be paid by the petitioner, unless at the time of leaving the recognizance with the Registrar there be also left with him or her an affidavit sworn by each surety before a justice of the peace, or other person duly authorised to administer oaths, that he or she is possessed of immovable property of the value of double the amount for which he or she is bound by the recognizance, after satisfying all other debts and liabilities due to other persons.