Amendment status not verified — confirm the current text below against the official source.
(I) No person shall act as purchasing agent Purchasing. under this Act, unless he has been licensed as such in the prescribed manner. (2) No person other than a purchasing agent shall be employed by an occupier of a factory to do any work in conneclion with any (ransaction for the purchase of cane within the State. (3) A licence shall not be granted to any person uqde‘l‘ sub-section (1) unless such person has paid the rescrlbee deposit or furnished the prescribed security and the Cflff Commissioner may subject to rules made in this behall, in case of any breach of the conditions of the llcencgi order that the deposit paid or security furnished in res °." of such licence sgall be forfeited to Government or § ti}‘w not be returned before the prescribed period or (hatu o whole or any portion of such deposit or security sha e paid to any person who has suffered any loss owing to misconduct or default of such licensee, 1l Duties of an agent.