Section 50
Licensed warehouse
of Bintulu Port Authority Act 1981
ActIn forceProvision 55 of 110
Section 50
(1)
In respect of any of its licensed warehouses the Authority may give general security by bond or otherwise for—
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(a)
the payment of the import duty payable in respect of goods stored in such licensed warehouse; or
(b)
the due exportation of such goods.
(2)
When such security has been given by the Authority no further security shall be required by the Government from any other person to the same effect.
(3)
Any person who is, or has the powers of, a revenue officer under any written law shall at all times—
(a)
be admitted to any part of a licensed warehouse; and
(b)
be permitted to inspect the books kept in connection therewith and the stock contained therein.