1. Except for the applications submitted by regulatory authorities, the applicant shall deposit with the court treasury a sum of money or a bank guarantee. The Executive Regulations of this Law shall determine its rate based on the total debts or assets of the debtor on the date of submitting the application or the total debts owed to the creditor submitting the application if the application is submitted by the latter, in order to cover the expenses and costs of the initial proceedings for deciding on the application. 2. The Head of the Bankruptcy Department may decide to determine the deposit of a smaller amount, and he may also postpone the deposit of the amount or guarantee set forth in Clause (1) of this Article in the event that the applicant is the debtor and does not have the necessary liquidity for deposit on the date of submitting the application, or where the initial proceedings do not require any costs. 3. The applicant may request a refund of the deposited sum of money or the bank guarantee if the application is dismissed, in accordance with the procedures and provisions set out in the Civil Procedure Law.
Interpretation and application must be checked against the official text and current version.