display a valid licence, just like on a road vehicle (do agricultural
  vehicles have to display one? I don't know).

David Morris

Yes, but it's cheap. Historic vehicles have to display a free one.

Sean

In my opinion the law (and civilisation as such) is not enforced so
  much by authority as by peer pressure and peer standards

  Roger

The problem with peer pressure it depends on who the peer group is! For 
example, given that the enforcement officer is only likely to check the 
towpath side, if you can swap your licence from side to side, the two 
copies of one disc can suffice for two boats (especially if they have 
painted-on numbers and your peer's is called Kingfisher too!)

Sean 


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