(1)The first draw shall be held within [such period as specified/mentioned in the terms and conditions of a particular lottery] [Substituted vide Punjab Government Notification No. G.S.R. 78/C.A. 17/98/S. 12/Amd.(3)/2001, dated 20.6.2001.]. In case the first draw is not held within the stipulated period due to any failure on the part of the agent, then his earnest money shall be forfeited:Provided that the Government may extend the period for holding the first draw if it considers necessary to do so in public interest.
