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BOUNTY (SHIPS) ACT 1989 No. 69 of 1989 - SECT 19
Securities
19. The Comptroller may, by notice in writing served on a person to whom
bounty could become payable, require the person to give security, in an amount
determined by the Comptroller, by bond, guarantee or cash deposit, or by all
or any of those methods, for compliance by the person with the provisions of
this Act and the regulations, or for the purpose of an undertaking given by
the person for the purposes of this Act or the regulations and, where a person
is so required to give security, the person is not entitled to bounty unless
the person gives security in accordance with the requirement.
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