New South Wales Consolidated Acts

PUBLIC LOTTERIES ACT 1996 - SECT 27A

27A Unclaimed prizes

(1) The regulations may make provision for or with respect to the time within which claims for unclaimed prizes must be made.

(2) Unclaimed prizes in a prize fund kept by a licensee are to be paid into the Consolidated Fund as directed by the Minister with the approval of the Treasurer and after consultation with the licensee.

(3) After an unclaimed prize is paid into the Consolidated Fund any liability to pay the prize to the prize winner becomes a liability of the Crown and payment of the prize to the prize winner is authorised to be made from the Consolidated Fund.