(A) The Clerk-Treasurer shall have power to adopt and promulgate such rules and regulations as he or she may deem necessary to carry out the provisions of this chapter.
(B) Each person required by this chapter to collect and pay, or to pay the taxes imposed hereby, shall keep such records of receipts, issuance of complimentary tickets, and otherwise, together with tickets, stubs, and other pertinent requirements on forms as the Clerk-Treasurer may by regulation require. These records and other documents shall be open at any time during business hours to the inspection of the Clerk-Treasurer and shall be preserved for a period of three years, unless the Clerk-Treasurer shall consent in writing to their destruction within that period, or require in writing that they be kept longer. The Clerk-Treasurer may require any person required by this chapter to collect and pay the tax hereby imposed to file with him or her a bond, subject to the approval of the Solicitor, with security to the approval of the Clerk-Treasurer, and in an amount as the Clerk-Treasurer may fix, conditioned for the collection and payment of any taxes due or which may become due from those persons. The bond when approved by the Clerk-Treasurer shall be deposited in his or her office. In lieu of this bond, securities approved by the Clerk-Treasurer may be deposited and kept by him or her as security for the payment of the tax, interest, or penalty, or both. The Clerk-Treasurer may sell any securities as so deposited with him or her at public or private sale without notice to the depositor thereof, if it becomes necessary to do so in order to recover the amount of the tax, interest, or penalty, or both due or unpaid. Upon any such sale the surplus, if any, above the amounts so due and unpaid shall be returned to the depositor of the securities.
(C) The Clerk-Treasurer may by these regulations permit any person making a refund of any payment upon which a tax is collected under this chapter to repay therewith the amount of the tax collected on the payment, and provide for the crediting of the amount to subsequent return.