(a) The Director of Finance may adopt and promulgate such rules and regulations as he or she deems necessary to carry out the provisions of this chapter.
(b) Each person required by this chapter to collect and/or pay the admission tax shall keep such records of receipts, issuances of complimentary tickets, etc., together with ticket stubs and other pertinent requirements in such form as the Director of Finance may, by regulation, require. Such records and other documents shall be open at any time during business hours to the inspection of the Director of Finance and shall be preserved for a period of three years, unless the Director of Finance, in writing, consents to their destruction within that period or requires that they be kept longer. The Director of Finance may require any person required to collect and/or pay the tax to file with him or her a bond, subject to the approval of the Law Director, with security subject to the approval of the Director of Finance, in such amount as the Director of Finance may fix, conditioned on the collection and/or payment of any such taxes due, or which may become due, from such person. Such bond, when approved by the Director of Finance, shall be deposited in his or her office. In lieu of such bond, securities approved by the Director of Finance may be deposited with him or her and shall be kept by him or her as security for the payment of such tax, interest or penalty, or both. The Director of Finance may sell any securities 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 such tax, interest or penalty, or both, due or unpaid. Upon any such sale, the surplus, if any, above such amounts so due and unpaid shall be returned to the depositor of the securities.
(c) The Director of Finance may, by regulation, 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 such payment, and provide for the crediting of the amount on a subsequent return.