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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.
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