Amendment status not verified — confirm the current text below against the official source.
( 1 ) The State Government may, by notification in the Official Gazette , makes rules for the purposes of carrying out the provisions of this Act. ( 2 ) In particular and without prejudice to the generality of the foregoing provision the State Government may make rules for the following matters :- ( i ) the form of licence and the fees on payment of which and the conditions subject to which a licence shall be granted under section 7 ; ( ii ) the manner in which the accounts shall be kept and maintained and the form in which and the period at which the statement of accounts, are to be submitted under section 14. ( 3 ) Any rule made under this section may provide that any person contravening any such rule shall, on conviction, be liable to fine which may extend to fifty rupees. ( 4 ) Rules made under this section shall be subject to the condition of previous publication.