Singapore legislation
Section 16
Section 16
Return of deposit
(1)
Every applicant for, and every holder of, a licence to purchase rubber shall on demand be entitled to receive from a licensing officer an order on the Accountant-General authorising the return of any deposit made under section 4(2).
(2)
No deposit shall be returned to any licensed dealer until after the expiration of one month from the date on which his licence expired or was otherwise determined, or while any legal proceedings under this Act are pending against him.
(3)
All moneys deposited under section 4(2) by any licensed dealer shall at all times be liable to be applied in satisfaction or part satisfaction of any fine imposed upon him under this Act.