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Section 77
Arrangements related to investor identification, purchase and sale orders, contract notes and money transactions
(1) Securities businessmen shall be exempted from taking the relevant investor's identity, opening customer accounts, transacting funds and entering into transaction-related agreements before making securities transactions. A contract note must be drawn up before the market closes and if the securities trader has entered into an agreement as an agent in such a note, he must give a copy of the contract note to the relevant customer and if he has entered into a contract for himself, he must mention the same in the contract note and keep it with him. (3) Subsection (2) The following should also be mentioned in the contract note:- (a) The type of securities business and the place where such business is conducted, (b) The details of the securities business, if the securities business is working on its own, (c) The name and address of the person to whom the contract note is to be issued, (d) ) the date of the agreement and the date of preparation of the agreement note, (e) description and quantity of the securities, (f) price per unit of the securities, (g) details of the return to be paid under the agreement, (h) the amount or rate of commission to be paid under the agreement, (i) ) If there is any duty, the rate of such duty and the details thereof, (j) the date of settlement of accounts, (k) other matters as specified.