§ 4-08 Meter Stamps.
RCNY § 4-08
(a)The Commissioner of Finance, in addition to the sale of stamps herein provided for, in his discretion, and subject to the approval of the State Tax Commission, may permit the use of a cigarette tax stamp affixing machine (whether by meter impression or otherwise) approved by him, or, where a joint stamp for the payment of the tax imposed by Article 20 of the State Tax Law and the City Cigarette Tax Law is used, the use of a joint tax stamp affixed by machine to show payment of both state and city taxes. The Commissioner of Finance, however, may reserve the right to rescind such permission upon thirty days' notice should such action be deemed to be in the best interest of the city. Payment of the tax must be made either in cash at the time the tax stamps are purchased or on thirty days' credit upon the same terms and conditions as apply to any other stamps sold by the Commissioner of Finance. Payment for stamps shall be made by cash or certified check.
(b)Each agent, when his application for permission to use such tax stamp affixing machine is approved, shall be assigned a distinctive number which shall be the same as the number assigned to him by the State Tax Commission for the purposes of the state tax, and which must be clearly incorporated in the design of the tax stamps.
(c)Any person, including an agent, having in his possession an authorized tax stamp affixing machine may not transfer, sell or otherwise dispose of such machine without first securing the authorization and approval of the Commissioner of Finance.
