Amendment status not verified — confirm the current text below against the official source.
The owner or occupier of any building or place which was being used as a warehouse immediately before the date on which this Act comes into force in the local area within which such building or place is situated shall, upon applica- tion to the Collector, made in writing within one month from such date, be entitled to obtain a license to use such building or place as a warehouse under this Act, subject to the pay- ment of the annual fee referred to in section 18: Provided that if the owner or occupier of such building or place already holds a license for use thereof as a warehouse under the Licensed Warehouse and Fire-Brigade Act, 1893, he shall be entitled to deduct the proportionate amount already paid by him for the unexpired period of that license from such annual fee : Provided further that if such building or place does not conform to the conditions prescribed under section 13, the owner or occupier shall within three months of obtaining the license for use thereof as a warehouse under this Act, effect necessary changes to conform to such conditions and in the event of his failure to do so, the license shall be liable to be cancelled by the Collector.