Queensland Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

LOTTERIES ACT 1997 - SECT 132

Unclaimed prizes generally

132 Unclaimed prizes generally

(1) If a prize in an approved lottery is not paid to a person who is entitled to the prize under the rules, the lottery operator must identify the prize in its accounting records as unclaimed prize money for 7 years after the closure of the lottery.
(2) After unclaimed money has been identified under subsection (1) for 1 year, the lottery operator may use the money for a prize or additional prize in an approved lottery or, with the approval of the chief executive, in another way.
(3) This section does not affect a person’s entitlement to claim a prize in an approved lottery for 7 years after the closure of the lottery.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback