Amount due to defaulting subscriber how dealt with

Amount due to defaulting subscriber how dealt with.—

1. (1) When a substituted subscriber draws the prize amount, the defaulting subscriber shall be entitled to recover from the foreman his subscriptions subject to such deductions as may be provided for in the variola.
2. (2) The foreman shall on demand made by the defaulting subscriber and on his executing acknowledgment in writing be bound to pay to the defaulting subscriber the amount due to him before the date of the next succeeding instalment and if the defaulting subscriber fails to furnish the acknowledgment as aforesaid, the foreman shall, before the date of the next succeeding instalment, deposit in an approved bank the amount due to the defaulting subscriber.
3. (3) The amount deposited under sub-section
4. (2) shall not be withdrawn by the foreman for any purpose other than for payment to the defaulting subscriber.
5. (4) Any foreman who contravenes the provisions of this section shall be punishable with fine which may extend to three hundred rupees.