CONDITIONS OF LICENCE

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..... (ii) the goods for the export of which the licence is granted shall be the property of the licensee at the time of the export. (2) The licensing authority may issue a licence for import subject to one or more of the following conditions, namely:- (a) that the goods covered by the licence shall not be disposed of except in accordance with the provisions of the policy or in the manner specified .....

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..... he Director-General. (4) Any person importing goods from the United States of America in accordance with the terms of the Indo-U.S. Memorandum of Understanding on Technology Transfer shall also comply with all the conditions and assurances specified in the import certificate issued in terms of such Memorandum, and such other assurances given by the person importing those goods to the Government .....

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