4. Future kamiauti agreement unless satisfying certain conditions void and inadmissible to registration.

(i) unless the full terms of the agreement between the parties are expressed in an instrument duly stamped according to the law for the time being in force;
(ii) unless the person making the advance or to whom the debt is due, delivers to the executant a counterpart of the said instrument at the time of the execution of the instrument;
(iii) if the period expressed or implied during which the labour is to be performed exceeds, or might in any possible event exceed, one year;
(iv) unless it provides that on the expiry of the period during which the labour is to be performed, all liability shall be extinguished in respect of any advance, debt or interest which is the consideration or part of the consideration of the agreement;
(v) unless it provides for a fair and equitable rate of remuneration for the labourer.