sec.132Unclaimed prizes generally

### sec.132 Unclaimed prizes generally 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. 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. 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. s 132 amd 2007 No. 22 s 3 sch 1 (sec.132-ssec.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. (sec.132-ssec.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. (sec.132-ssec.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.