1958-HKRS30-8-48_Part02 — Page 13

the warehouse) for the storage of methyl alcohol, is hereby further specially licensed to import methyl alcohol and to store the same in the warehouse on the following conditions--

The licensee shall furnish a bond in the sum twenty thousand dollars with one or more sufficient Buretics approved by the Director for the dog observance and performance of the conditions of this Licence,

1.

2.

3.

4.

The Director shall allow a reasonable time. Bot exceeding six weeks, after the duty on any methyl alcohol in the warehouse becorges payable, for pay- ment of the duty on such alcohol.

Revenue locks shall not be fitted to the warehouse, but the licensee shall take adequate measures to prevent unauthorized entry thereto and removal of goods therefrom.

The licensee shall be permitted to open the warehouse at any time, to take goods in and out without the attendance of a revende officer, to abore empty com- tainers in any convenient manner, to open container and take samples of and treat methyl alcohol in any manner without notice and without the attendance of a revenue officer, and to diapense with notice of deficiencies in methyl alcohol due only to natural Causen, except as hereafter provided in these conditions.

5 The licensee shall furnish to the Director on or before the seventh day of each month in a form to be approved by the Director an accurate and complete return in respect of the last preceding month showing

(a) the balance of stock of dutiable methyl alcohol

from last return;

(b) the quantity of dutiable methyl alcohol imported; (e) the quantity of dutiable methyl alcohol exported; (d) the quantity of methyl alcohol issued to Govern

ment order:

(a) the total of all quantities of methyl alcohol

delivered to local consumers or dealers;

(f) the quantity of dutiable methyl alcohol to be written off owing to loss from evaporation and other causes (with explanations of such losses); (g) the balance of stock of dutiable methyl alcohol at

close of month,

and shall pay duty at the time of furnishing the said retura, on the total of all quantities shown under (e).

4.

Part VII of the Second Schedule to the principal regula- Amendment

of Second tions is amended by the addition, in their respective columns after

Schedule. the item "Importer's licence", of the following-

"Director

COUNCIL CHAMBER,

3rd June, 1958.

Special Importer's licence (Form 19A)

10".

Madhurues

Clerk of Councils.

Explanatory Note.

(This Note is not part of the regulations, but is intended to indicate their general purport).

The purpose of this measure is to amend regulation 8 and the First and Second Schedules of the principal regulations to make provision for the collection of duly on methyl alcohol similar to that in the case of hydrocarbon olls with the exception that it is not considered necessary to require the deposite of cash security in the case of methyl alcohol.

(Secretariat GR48/3231/47)

Date

19.......

Director of Commerce and Industry.".