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Bonds on granting Licences shall not be cancelled till Licences shall have been delivered up 12 Months.
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XIV. And be it further enacted, That it shall not be lawful for any Officer of His Majesty’s Customs to cancel any Bond given upon the granting of any Licence or Licences for the Navigation of any Vessel or Boat, and for the preventing the Owner or any other Person using or employing such Vessel or Boat contrary to the Laws in force for the Prevention of Smuggling, or to deliver up any such Bond to the Obligor or Obligors, or any other Person, until the Licence or Licences in respect whereof such Bond was given hath been delivered up to the proper Officer of the Customs for the Space of Twelve Calendar Months, or the Penalty of such Bond hath been paid to His Majesty.
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