Collection of Security Deposit

Every Master Cable Operator who is seeking license under section 15-B for a master control room shall deposit an amount at the rates specified under each category in the Table given below towards security deposit:-

Sl.No. Category Local Area Amount of Deposit (1) (2) (3) (4) 1. A Municipal Corporations and Secunderabad Contonement area Rs.10,000/- 2. B Selection Grade Municipalities Rs.5,000/- 3. C Grade I & II Municipalities Rs.3,000/- 4. D Other Municipalities Rs.2,000/- 5. E Major Gram Panchayats Rs.1,000/- 6. F Minor Gram Panchayats Rs.500/-

1 Section 15C was substituted by Act No. 26 of 2002 w.e.f. 01.01.2003. The earlier section read as under: Every Master Cable Operator in Category A, who is seeking a licence under Section 15B for a master control room shall deposit an amount of Rs.50,000/-(Rupees fifty thousand only) and every Cable Operator in any of the remaining categories, who is seeking a licence under Section 15B for a control room shall deposit an amount of Rs.25,000/- (Rupees twenty five thousand only) towards security deposit. Section Note Act No.26 of 2002 has inserted this Section.