Minutes of proceedings of drawing of chitty

Minutes of proceedings of drawing of chitty. —

1. (1) The minutes of the proceedings of every drawing shall be kept in a book and shall be signed—
   • (a) by the foreman and by at least two subscribers; and
   • (b) in cases where the prize amount is determined by auction, by the prize winner or his agent.
2. (2) The minutes mentioned in sub-section
3. (1) shall state clearly—
   • (a) the date and hour when, and the place where, the proceedings began and ended;
   • (b) the number of the particular instalment of the chitty of which the proceedings are recorded; (c ) the names of the subscribers present;
   • (d) the person or persons who obtained the prize;
   • (e) the amount of discount; and
   • (f) full particulars regarding the disposal of the prize amount in respect of the preceding instalment and disposal of unpaid prize amount, if any, in respect of any previous instalment.