Section 82: Licensing of warehouses

(1)
The Board may, on application, license any building as a warehouse for the deposit of goods permitted to be warehoused without payment of duty; and it may, without assigning reason, refuse to issue any such licence and may, subject to a refund of the proportionate part of the licence fee, at any time for reasonable cause revoke any licence which has been issued.
[1962 No. 38.]
(2) The Board may license any building as either -
(a)
a general warehouse, that is to say, for the warehousing of goods which are the property of the warehouse keeper or of any other person; or
(b)
a private warehouse, that is to say, only for the warehousing of goods which are the property of the warehouse keeper, and may attach such conditions to the licence as it may see fit.
(3)
The licence shall be in such form as the Board may direct and shall be subject to the payment of a fee of forty eight naira and shall expire on the 31st day of December in each year.
(4)
A licence shall not be issued until the person who applies for the licence has furnished such security for the due payment of all duties and the due observance of the provisions of the customs and excise laws as the Board may require; and the Board may, at any time, require a warehouse keeper to furnish such additional or new security as it may consider necessary for such purposes.
(5)
Any warehouse keeper who without the previous consent in writing of the Board makes any alteration in, or addition to, a warehouse shall be liable to a fine of four hundred naira.
(6)
Any warehouse keeper who uses his warehouse, or permits it to be used, in contravention of any of the conditions of his licence shall be liable to a fine of four hundred naira.
(7)
Any owner or occupier of a building who uses it, or permits it to be used, for the deposit of goods entered for warehousing while a valid licence under this section is not in force shall be liable to a fine of four hundred naira and, in addition thereto, to a fine of twenty naira for every day, or part of a day, during which he so uses the building, or permits it to be so used.