Deductions

Upon the expiry or revocation of any licence under any of the provisions of regulation 2 of these Regulations the Postmaster General shall deduct from any deposit which may have been made with him by the stamp vendor whose licence has been revoked or has expired such sum, if any, as may be due from the stamp vendor to the Postmaster General in respect of postage stamps issued to him and shall pay the balance of the deposit to the stamp vendor. D 128 Post Office FIRST SCHEDULE [Regulation 2(1)] (Name) of (address of place of sale) is licensed to sell postage stamps. This licence shall expire on the day of 2 and is subject to the following conditions: 1. No postage stamps shall be sold other than at the premises specified above. 2. 3. Postmaster General Post Office 129 SECOND SCHEDULE [Regulation 4(1)] Rates of commission payable to the stamp vendor on the value of postage stamps sold by him during the currency of a licence: On the first $2,000 10% On the next $2,000 5% On the next $2,000 4% On all sales in excess of $6,000 3% ________________________