A person liable for the tax imposed hereunder shall keep the records, render under oath the statements, make returns, and comply with the rules and regulations that the City Collector may, from time to time, prescribe. The City Collector may require such records, statements or returns, upon notice, from any person in order to determine whether he is liable to the tax hereunder. The City Collector may require preservation of records for not to exceed five years, and may, at the time through his authorized agents, inspect all books and accounts of the seller, including banking accounts, which in any way enter into the record of the business out of which the tax imposed herein arises.
(Passed 5-17-82.)