Commonwealth Consolidated Acts

EXCISE ACT 1901 - SCHEDULE I

Security under the Excise Act 1901

By this security the Subscribers are, pursuant to the Excise Act 1901 , bound to the CEO (as defined in that Act) in the sum of--[ here insert amount or mode of ascertaining amount intended to be paid in default of compliance with condition ]--subject only to this condition that if--[ here insert the condition of the security ]--then this security shall be thereby discharged. *

Dated the         day of                          19        .

* NOTE--If liability is not intended to be joint and several and for the full amount, here state what is intended, as, for example, thus--"The liability of the subscribers is joint only," or "the liability of (mentioning subscriber) is limited to (here state amount of limit of liability or mode of ascertaining limit)."