21After section 7(7) of that Act (alteration in treatment of young offenders, etc.) there shall be inserted—
“(7B)An order under subsection (7)(c) of this section shall not require a person to enter into a recognisance—
(a)for an amount exceeding £1,000; or
(b)for a period exceeding—
(i)three years; or
(ii)where the young person concerned will attain the age of eighteen in a period shorter than three years, that shorter period.
(7C)Section 120 of the Magistrates' Courts Act 1980 shall apply to a recognisance entered into in pursuance of an order under subsection (7)(c) of this section as it applies to a recognisance to keep the peace.”