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State of Puducherry - Section

Section 26 in Pondicherry Excise Act, 1970

26. Power to take security and counterpart agreement.

- Subject to such rules as may be prescribed, any authority granting a licence under this Act may require the licensee-
(a)to give security for the observance of the terms of his licence, and
(b)to execute a counterpart agreement in conformity with the tenor of his licence.