NE Rules 94Chapter III · Part III

Section 94 · Security deposit and execution of bond

- For the observance of the conditions of the licence, and of these rules and for the payment of all sums which may become due to Government, by way of duty, fees, fines or otherwise under the terms of the contract or under these rules, the contractor shall execute a deed hypothecating to Government his vats, pipes, pumps and all other apparatuses including bottling plant, bottles, etc. together with the stock of liquor stored at any time during the currency of the licence in the warehouse and if so required by Government shall also deposit at the time of signing the counterpart to the licence such amount as the Government may direct.

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