Amendment status not verified — confirm the current text below against the official source.
(1) The State Government may, at any time by notification in the Official Gazette, require all stockists of raw jute to take out licenses under this Act within a date specified in the notification. (2) The terms and conditions and the procedure and the manner of taking out licenses shall be such as may be prescribed. (3) The State Government may, by notification in the Official Gazette, require all holders of license to submit returns of stocks of raw jute in such form and at such times as may be specified in the notification. (4) Any stockist in raw jute who fails to take out license within the date specified in the notification or fails to submit returns as required under sub-section (3), shall be guilty of an offence under this Act and shall be punishable with imprisonment which may extend to six months or with fine or with both. Power to license stockists of raw jute. The Raw Jute (Central Jute Board and Miscellaneous 5 Provisions) Act, 1951. VI of 1951.] (Sections 9, 10.)