21. Deposit

Without prejudice to section 20, the Director may require, on the issue of a licence, that such sum as he may determine shall be deposited in such manner as he directs as security for the activities to be carried on by the foreign fishing vessel.

Any sum deposited pursuant to subsection (1) may be utilised to pay or defray any fine or claim which may be imposed or arise as a result of or through the activities carried out by the foreign fishing vessel and the balance of such sum, if any, shall be refunded on the expiry or cancellation of the licence.