(1) Every license, permit or pass granted under the Act shall be granted―
(a) on payment of such fees, if any,
(b) subject to such restrictions and on such conditions,
(c) in such form and containing such particulars,
(d) for such period, as the Financial Commissioner may direct.
(2) Any authority granting a license under this Act may require the license to give such security for the observance of the Fees for terms, conditions and form of, and duration of, licenses, permits and passes.
Security
1. Substituted for the word “Punjab” by Haryana Adaptation of Laws (State and Concurrent Subjects) Order, 1968.
2. Substituted for the word “Provincial” by the Adaptation of Laws Order, 1950.
3. Substituted for the word "Province" by the Adaptation of Laws Order, 1950.
4. The words “to which this section applies” omitted by the Adaptation of Laws (Third Amendment) Order of 1951.
5. Substituted for the words “Government of India Act, 1935”, by the Adaptation of Laws (Third Amendment) Order, 1951.
328 EXCISE [1914: Pb. Act 1 Grant of licences for sale.
Ascertainment of public opinion.
Power to cancel or suspend licenses, etc.
terms of his license, or to make such deposit in lieu of security, as such authority may think fit.
4[(3) Whenever the authority which granted a license, permit or pass under this Act, considers that such license, permit or pass should be amended for any cause, it may, after notice to the holders of its intention to do so, amend such license, permit or pass.]