(1) Without prejudice to any express requirement as to security provided for by any other customs enactment, the Comptroller may, if he or she sees fit, require any person to give security by bond or otherwise in such form and manner as the Comptroller may direct, for the observance of any condition or restriction in connection with any assigned matter.
(2) Any bond taken for the purpose of any assigned matter—
(a) shall be taken on behalf of the Government;
(b) shall be valid although it is entered into by a person under full age; and
(c) may be cancelled at any time by or by the order of the Comptroller.