7.—(1) A court shall in every case satisfy itself as to the sufficiency and suitability of any person proposed to be accepted as a surety for the purpose of bail.

(2) In determining the sufficiency and suitability of a person proposed to be accepted as a surety, a court shall have regard to and may, where necessary, receive evidence or submissions concerning:

(a) the financial resources of the person,

(b) the character and antecedents of the person,

(c) any previous convictions of the person, and

(d) the relationship of the person to the accused person.