Rechtsbibliothek und Fallanalyse · Österreich · Belgien · Europäische Union
LAWxPERT Anmelden Kostenloses Konto

Cap. 223 · cap/223 (Cap. 223)

Cap. 223 Art. 14Conditions for payment of prizes.

In KraftAmtlicher Text

(1) A prize shall not be payable -

(a) if the bond drawn in respect of that prize is not presented before the expiration of twelve months from the date of issue of the notification given under article 13; or

(b) if the bank declares that the bond is invalid; or

(c) if the bond contains any alteration, erasure or abrasion of any of the numbers printed thereon; and in respect of any of the matters aforesaid the decision of the Bank shall be final:

Provided that the Bank may at its discretion effect payment of the prize, under such conditions as it may deem fit to impose, if the claimant’s inability to comply with paragraph (a) is notified to the Bank in writing by the claimant and such notice is received by the Bank within the period of twelve months mentioned in that paragraph.

(2) Any prize which remains unpaid in accordance with subarticle (1) shall be forfeited to the Government and paid into the Account.