"Moreover, our gracious Will and Pleasure is... that if any Person or Persons, which shall be of any of the said Colonies and Plantations... at any time or times hereafter, transport any Wares, Merchandises, or Commodities, out of any of our Dominions, with a Pretence to land, sell, or otherwise dispose of the same, within any the Limits and Precincts of any of the said Colonies and Plantations, and yet nevertheless, being at Sea, or after he hath landed the same within any of the said Colonies... then all the Goods and Chattels of such Person or Persons, so offending and transporting together with the said Ship or Vessel, wherein such Transportation was made, shall be forfeited to Us, our Heirs, and Successors." - from the First Virginia Charter, 1606
Which of these is the BEST summary of this excerpt from the Virginia Charter?