Lawgist.Download the App Now!
Get our Android app for fast and offline Access.
Subject to the conditions of his license the grantee of any exclusive privilege may let or assign the whole, or any portion of his privilege; but no lease or assignee of such privilege or portion of a privilege shall exercise any rights as such unless and until a license has been granted to him by the Excise Commissioner on application made by the grantee.
<span style="margin-left:15px;"></span>Subject to the conditions of his license the grantee of any exclusive privilege may let or assign the whole, or any portion of his privilege; but no lease or assignee of such privilege or portion of a privilege shall exercise any rights as such unless and until a license has been granted to him by the Excise Commissioner on application made by the grantee. <br>