It shall be the duty of every seller in acting as the tax collecting medium or agency for this Municipality to collect from each purchaser for the use of the Municipality the tax hereby imposed and levied at the time of collecting the purchase price charged for its public utility service, and the amount of tax actually collected, either by the month or by the quarter of each fiscal year on any part thereof, shall be reported and remitted to the Municipality by each seller within thirty days after the end of the reporting period selected by the seller as being the most convenient in view of its bookkeeping or accounting procedure. The seller shall also furnish to the Municipality with each such monthly or quarterly report the name and address of any such purchaser who has failed or refuses to pay the tax so imposed or levied. The tax imposed and levied by this article shall apply to periodic statements rendered after August 1, 1971, for public utility service rendered subsequent to August 1, 1971, and when any such periodic statement covers public utility service rendered both before and after such date, only that portion of the charge for public utility service rendered after such date shall be subject to such tax, and the portion subject to such tax shall be such portion covered by such periodic statement, as bears to the total number of days covered by such periodic statement. The required reports shall be in the form prescribed by the Town Treasurer. (Passed 7-11-00.)