Public Lotto (Amendment) Regulations, 199E
Statutory Text (3 Articles)
L.N. 131 of 1998
PT]BLIC LOTTO ORDINANCE
(cAP. 70)
Public Lotto (Amendment) Regulations, 199E
IN exercise of the powers conferred by section 5 of the Public
Lotto Ordinance, the Minister of Finance and Commerce has made the
following regulations
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(1) These regulations may be cited as the Public Lotto
(Amendment) Regulations, 1998, and shall be read and construed as
one with the Lotto Regulations, 1990, hereinafter referred to as "the
principal regulations".
(2) These regulations shall apply with regard to the lotto
draw of the 9th May, 1998 and to subsequent draws.
For paragraph (1) of regulation 6 of the principal regulations
there shall be substituted the following:-
"(1) When the total value of all prizes in a draw exceeds
five hundred thousand Maltese liri (Lm500,000), the amount of
each prize shall be reduced proportionally so that the total value of
all prizes shall not exceed that limit
Provided that the Minister may, in such cases where the five
hundred thousand Maltese liri (Lm500,000) limit is exceeded,
authorise the full payment of prizes won if he deems it justified on
grounds of policy.".