Page:United States Statutes at Large Volume 68A.djvu/720

 680

INTERNAL REVENUE CODE OF 1954

Subchapter I—Miscellaneous General Provisions Sec. Sec. Sec. Sec. Sec. Sec. Sec.

5551. 5552. 5553. 5554. 5555. 5556. 5557.

General provisions relating to bonds. Installation of meters, tanks, and other apparatus. Supervision of premises and operations. Pilot plant operations. Records, statements, and returns. Regulations. Other provisions applicable.

SEC. 5551. GENERAL PROVISIONS RELATING TO BONDS. (a) APPROVAL AS CONDITION TO COMMENCING BUSINESS.—No indi-

vidual, firm, partnership, corporation, or association, intending to commence or to continue the business of a distiller, rectifier, brewer, or winemaker, shall commence or continue the business of a distiller, rectifier, brewer, or winemaker until all bonds in respect of such a business, required by any provision of law, have been approved by the Secretary or the officer designated by him. (b) DISAPPROVAL.—The Secretary or any officer designated by him may disapprove any such bond or bonds if the individual, firm, partnership, corporation, or association giving such bond or bonds, or owning, controlling, or actively participating in the management of the business of the individual or firm, partnership, corporation, or association giving such bond or bonds, shall have been previously convicted, in a court of competent jurisdiction, of— (1) any fraudulent noncompliance with any provision of any law of the United States, if such provision related to internalrevenue or customs taxation of distilled spirits, wines, or beer, or if such an offense shall have been compromised with the individual, firm, partnership, corporation, or association on payment of penalties or otherwise, or (2) any felony under a law of any State, Territory, or the District of Columbia, or the United States, prohibiting the manufacture, sale, importation, or transportation of distilled spirits, wine, beer, or other intoxicating liquor. (c) APPEAL FROM DISAPPROVAL.—In case the disapproval is by an officer designated by the Secretary to approve or disapprove such bonds, the individual, firm, partnership, corporation, or association giving the bond may appeal from such disapproval to the Secretary or an officer designated by him to hear such appeals, and the disapproval of the bond by the Secretary or officer designated to hear such appeals shall be final. SEC. 5552. INSTALLATION PARATUS.

OF

METERS,

TANKS, AND

OTHER

AP-

The Secretary or his delegate is authorized to require at distilleries, breweries, rectifying plants, and at any other premises established pursuant to this chapter as in his judgment may be deemed advisable, the installation of meters, tanks, pipes, or any other apparatus for the purpose of protecting the revenue, and such meters, tanks, and pipes and all necessary labor incident thereto shall be at the expense of the § 5551

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