(b)if the application is accepted, the Excise Commissioner shall determine -(i)the quantity of rectified spirit in litres to be possessed at any time;(ii)the quantity of rectified spirit in litres to be obtained during the year;(iii)the nature and amount of the security to be furnished for the performance of the conditions of the permit and the rules, and;(iv)the preparations to be manufactured by the applicant hereinafter referred to as the approved homoeopathic chemist or practitioner.