Excise Order, 2006 · s 123

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123.
Release of conveyance, vessel, aircraft or movable property under bond
(1)
When any conveyance, vessel, aircraft or movable property has been seized under this Order, a senior officer of excise may temporarily return such conveyance, vessel, aircraft, or movable property to the owner of the same on security being furnished to the satisfaction of such officer and subject to such conditions as such officer may impose, that the conveyance, vessel, aircraft or movable property shall be surrendered to him on demand.
(2)
Any person who-
{a}
fails to surrender on demand to a senior officer of excise the conveyance, vessel, aircraft or movable property temporarily returned to him under subsection ( 1); or
{b)
fails to comply with or contravenes any of the conditions imposed under subsection ( 1), shall be guilty of an offence and liable on conviction to a fine not exceeding
$10,000, imprisonment for a term not exceeding 3 years or both, and any security or bond being furnished shall be forfeited.

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s 123Release of conveyance, vessel, aircraft or movable property under bond

(1)

When any conveyance, vessel, aircraft or movable property has been seized under this Order, a senior officer of excise may temporarily return such conveyance, vessel, aircraft, or movable property to the owner of the same on security being furnished to the satisfaction of such officer and subject to such conditions as such officer may impose, that the conveyance, vessel, aircraft or movable property shall be surrendered to him on demand.

(2)

Any person who-

{a}

fails to surrender on demand to a senior officer of excise the conveyance, vessel, aircraft or movable property temporarily returned to him under subsection ( 1); or

{b)

fails to comply with or contravenes any of the conditions imposed under subsection ( 1), shall be guilty of an offence and liable on conviction to a fine not exceeding

$10,000, imprisonment for a term not exceeding 3 years or both, and any security or bond being furnished shall be forfeited.