Deposit of security by the proprietor

Deposit of security by the proprietor.--(1) The Commissioner may require the proprietor of any permanent cinema premises liable to tax under sub-section

1. (1) of section 3 to deposit in a Government treasury an amount not exceeding five hundred rupees as security pledged with him.
2. (2) The Commissioner may forfeit the whole or part of this security if he is satisfied that sums payable under this Act due from the proprietor cannot be recovered otherwise.
3. (3) The Commissioner shall, if he is satisfied that the proprietor of any cinema premises who has furnished any security under sub-section
4. (1) has ceased the business of exhibiting cinematograph films and that nothing is due from him under this Act or the rules thereunder, refund the security to the proprietor or his legal heirs.