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ln_1998_131 MT

Public Lotto (Amendment) Regulations, 199E

3 Articles / Provisions · Malta
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Statutory Text (3 Articles)

Malta Government Gazette — Legal Notice 1998 131 — Public Lotto (Amendment) Regulations, 199E

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

-

Malta Government Gazette — Legal Notice 1998 131 — Public Lotto (Amendment) Regulations, 199E

(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.

Malta Government Gazette — Legal Notice 1998 131 — Public Lotto (Amendment) Regulations, 199E

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.".

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