Amendment status not verified — confirm the current text below against the official source.
(1) Where the security given -in respect of any press or any portion thereof, has been declared forfeited under section 41 or section 43, every person making a fresh declaration in respect of such press under section 3 of the Travancore Press Act, 1079 or section 4 of the Cochin Press and Registration of Books Act. VII of 1097 as the case may be, shall deposit with the Magistrate before whom such declaration is made security to such an amount, not being less than one thousand or more than five thousand rupees, as the Magistrate may think fit to require in money or the equivalent thereof in Government securities as the person making the deposit may choose. (2) Where a portion only of the security given in respect of such press, has been declared forfeited under section 41 or section 43, any unforfeited balance still in deposit shall be taken as part of the amount of security required under sub section (1)