For the record with regards my situation way back then. I sat on the jump seat to observe a "Base Check/ IR renewal", as it was called then, took my turn and was signed off and started a weeks line training the next day. I was still bonded though.
Bit cheeky if you ask me !
However on a positive note when I did the Jet conversion course
18 months later they forgot to bond me, swings and roundabouts
I suppose.