Section 13 in Prize Competitions Punjab Rules, 1957
13. Keeping books of accounts.
- The accounts referred to in section 7 of the Act shall be maintained according to the following provisions, namely :-(a)there shall be a cash book in Form D and all transactions relating to each prize competition shall be entered in the appropriate sections of the cash book;(b)the cash book, both on the receipt side and on the expenditure side, shall be written up day by day and at the end of each day's transactions, the total of receipts and expenditure for the day, and the progressive total receipts and expenditure, since the commencement of the prize competition to which the entries relate, shall be struck; and(c)at the close of each prize competition, an abstract of the total receipts and expenditure on account thereof, including the expenditure on the award of prize shall be exhibited in the cash book itself, and where prizes are awarded to competitors who have submitted free entry coupons, the fact shall be clearly stated and full particulars of such successful competitors shall be clearly and separately shown in the cash book.
