Does the law require the rules for participation in winning lottery prizes to have any content in Vietnam?
Does the law require the rules for participation in winning lottery prizes to have any content in Vietnam? In what form are rules of participation in winning prizes publicized in Vietnam?
I am currently compiling the rules for participation in winning lottery prizes for my lottery company. I am wondering if the law requires the rules for participation in winning lottery prizes to have any content or not? Thank you for your help.
Does the law require the rules for participation in winning lottery prizes to have any content in Vietnam?
In Clause 1, Article 8 of Circular 75/2013/TT-BTC, there are regulations on the rules for participation in winning lottery prizes as follows;
1. Organizations issuing lottery ticket must elaborate and publicize the rules of participation in winning prizes for each lottery types and products entitled to issue. Ther rules of participation in winning prizes must have the following principal contents:
a. Lottery types and products;
b. Name of organizations issuing lottery tickets;
c. Subjects participating in winning prizes and conditions for participation in winning prizes;
d. Methods of participation in winning prizes;
dd. Methods to define the results of winning prizes;
e. Quantity of prizes and structure of prizes;
g. Duties and benefits of participants for winning lottery prizes;
h. Duties and powers of lottery companies;
i. Conditions to receive prizes for the winning lottery tickets;
k. Recommends for participants in winning prizes about duties in participation in winning lottery prizes, such as: “Participating in buying lottery may bring benefits for the country and households”, “No one can enrich from buying lottery”, etc
Thus, according to the provisions of current law in Vietnam, the rules for participation in winning lottery prizes must meet the above provisions.
In what form are rules of participation in winning prizes publicized in Vietnam?
In Clause 2, Article 8 of Circular 75/2013/TT-BTC, there are regulations on publicly announcing the rules of participation in winning prizes as follows:
2. The rules of participation in winning prizes are publicized through posting publicly at head offices of lottery companies and lottery agents, publishing on electronic information pages of lottery companies (if any), issuing leaflets for agents and customers or other means of mass media as prescribed by law.
Thus, according to current regulations in Vietnam, the public announcement of the rules of participation in winning prizes is done through the forms as prescribed above.
Best Regards!