Amendment status not verified — confirm the current text below against the official source.
The applicant to be in possession of the requisi to licence under the Drugs and Cosmetics Act, 1940.-No licence for the manufacture of medicinal and toilet preparations or renewal of such licence shall be granted to an applicant unless he holds the requisite licence under that Act for the manufacture of the said medicinal preparations. Comment tes to The licence for the manufacture of medicinal and toilet preparations shall be guired granted only to the person who already holds a licence under the Drugs and Cosmetics Act. 1940. lother 95. Disposal of application for licence to manufacture medicinal and tlicant toilet preparations in a bonded/non-bonded manufactory by the licensing authority.-(l) On receipt of an application, licensing authority shall cause eland such enquiries to be made as it may deem necessary Including enquiries is and into the following: mp or (i) the qualifications and previous experience of technical per- il and sonnel engaged in the manufacturing operation; h the (ii) the equipment of the bonded and non-bonded manufactory: (iii) soundness of the applicant's financial position; and it the (iv) suitability of the proposed building for the establishment of manufactory. p and (2) If the licensing authority is satisfied that the applicant is a fit party t and whom a licence for the manufacture of medicinal and toilet preparations in is to a bonded or non-bonded manufactory may be granted, it shall issue a Ige or licence, approve the plans submitted. If they are in order, and direct the I con- applicant to contract or establish, as the case may be, and equip the or of manufactory as per approved plans. The applicant shall modify the plans be, in in such manner as the licensing authority may direct at any time before or races. after the approval of the plans. After the completion of construction and such equipment of the manufactory the licensing authority shall cause a verifica- tion of the plans; the applicant then shall submit blue prints of the plans, in triplicate, for approval of the licensing authority. One copy of the same posed t shall be retained in the office of the licensing authority, one shall be sent t nt to the officer-in-charge or the local Excise Officer as the case may be, for record in his office and one shall be with the licensee. ap- 96. Security.-Before granting the licence the licensing authority shall if the in cases where security is required to be furnished by or under these Rules, fix the amount of such security. RULG97 5l1 NILUICINALANDToll. ETPREI'ARAI IONS (EXCISEEDUTIES)ACT,195S This security shall be furnished either in cash or in interest-bearing securities viz. Government Promissory Notes, National Savings Certificate. Post Office Savings Bank Pass-Books or Post Office Cash Certificate or in FLxed Deposit Receipts of the Stale Bank of Indic. or any other Bank duly approved by the Stale Government. '['his security is liable to be increased or decreased by the licensing authority at any time, should it consider, for any reason, that the tunou11t so fixed is inadequate, excessive or unsuitable. Comment 'Fire security may be fulnlshed ill interest hearing sccurities, oiz. Goverrlnterii Promissinly Notes. National Savings Certilicate, etc. CfIAPTLRZ VU Export under claim for Rebate of Duty or under Bond