State Act

26

Section 26. Power to take security and counterpart agreement

THE PUDUCHERRY EXCISE ACT, 1970

Act no. 12 of 19701970In forcePuducherry (State Act)

26. Subject to such rules as may be prescribed, any authority granting a licence under this Act may require the licensee --- (a) to give security for the observance of the terms of his licence, and (b) to execute a counterpart agreement in conformity with the tenor of his licence.