Section 7: Registered importer to supply information.

(1) Every registered importer shall furnish to the prescribed authority within such time and in such form as he may require in respect of each quarter such information relating to-
(a) the quantity of motor spirit imported by him;
(b) the quantity of warehoused motor spirit withdrawn from warehouse for use in Nigeria;
(c) the quantity of motor spirit delivered by him to distributors;
(d) the quantity and places of storage of stocks (other than warehoused stocks) of motor spirit stored by him for use in Nigeria;
(e) the appropriation of motor spirit for the purposes of any, business carried on by him, as the prescribed authority may specify.
(2) Every registered importer shall upon demand made by the prescribed authority produce for inspection at such time and place as the prescribed authority may require any books or accounts or other documents of whatever nature relating to the matters in respect of which information may be required in accordance with subsection (1) of this section.
(3) When a person ceases to be registered during any quarter he shall furnish to the prescribed authority within such time and in such form as he may specify such information as is mentioned in subsection (1) of this section in respect of that part of the said quarter during which he was registered.
(4) In this section, '''warehoused'' means deposited in State, Government or private warehouse approved or 'licensed as the case may be under the Customs, Excise Tariffs, etc. (Consolidation) Act.