State Act

40

Section 40. Counterpart agreement by licensees, or exclusive privilege and security or deposit

EXCISE LAW OF BIHAR & JHARKHAND 1915

Act no. 2 of 19151915In forceJharkhand (State Act)

40. Counterpart agreement by licensees, or exclusive privilege and security or deposit Any authority granting a licence under this Act may require the grantee to execute a counterpart agreement in conformity with the tender of his licence, and to give such security for the performance of such agreement, or to make such deposit in lieu of security, as such authority may think fit.