8. Objectors to give Notice.

Any persons objecting to the issue of a lease so applied for, shall, within twenty-one days after the posting of the notice by the Surveyor, forward to the Warden full notice of all such objections, and shall (except in cases of encroachment) deposit the sum of ten pounds (£10); and such Warden shall give to the person making such deposit a receipt, in the form in the Schedule annexed marked as security for the clue prosecution of his objections, and in satisfaction of any expenses to which the applicant may be put by such objections if disallowed; and if such objections should not be prosecuted or should fail, so much of such deposit shall be handed over to the applicant as may be necessary to repay the expenses of such applicant; and the balance (if any) shall be refunded to the person so objecting.