One form of what time is? Minutes, perhaps (5)
I believe the answer is:
notes
'minutes perhaps' is the definition.
(minute is a kind of note)
I don't understand how the remainder of the clue works.
Can you help me to learn more?
(Other definitions for notes that I've seen before include "Jots down" , "registers?" , "eg E F G (mus.)" , "Sees" , "Written comments" .)