Sri Lanka Consolidated Acts

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Prize Competitions Act (No. 37 of 1957) - Sect 13

Disposal of unclaimed prizes in licensed prize competitions

13.
(1) After the expiration of a period of six months reckoned from the date of the conclusion of any prize competition promoted or conducted under the authority of a licence, any money prize or other prize in the competition which has not been paid or delivered to the person entitled thereto by reason of the fact that he is not known shall be disposed of in the following manner: -
(a) if the prize is a money prize, the amount of the prize shall be forthwith paid by the licensee to the Government Agent of the administrative district in which such licensee resides to be credited to the Consolidated Fund of Ceylon;
(b) if the prize is not a money prize, it shall forthwith be sold by public auction by the licensee and the proceeds thereof shall be paid by the licensee to such Government Agent to be credited to the Consolidated Fund of Ceylon:
(2) No act done in compliance with the provisions of subsection (1) in relation to any prize in any prize competition shall subject any promoter or conductor of the competition or the Deputy Secretary to the Treasury to any action, claim, demand or liability whatsoever.


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