Chapter V WAREHOUSE RECEIPTS

For the goods deposited in his warehouse by each depositor, the warehouseman which shall contain full particulars of the goods and be in the prescribed form.

The receipt issued by a warehouseman shall, unless it is otherwise specified thereon, be transferable by endorsement and shall entitle its lawful holder to receive the goods specified in it on the same terms and conditions as the original depositor.

Duplicate receipt If a receipt is lost, destroyed or damaged, the warehouseman shall, on application by the depositor and payment by him of the prescribed fee, issue a duplicate receipt on such conditions as he may think fit to impose, being conditions included in the rules made under this Act.