The amount of any prize drawn in respect of a Prize Bond shall, after his claim has been admitted by the Bank, be paid in cash or in the form of Government securities according to the terms of the Bond, to the person who presents such prize bond at any office authorized by Government as an office of issue at the time when the loan to which the prize bond belongs was open to subscription.
Section 10: Payment of prize money
Public Debt Rules, 1946Central Rules · 1944
Where this provision sits
| Act | Public Debt Rules, 1946 |
|---|---|
| Section | 10 |
| Marginal note | Payment of prize money |
| Jurisdiction | Central |
| Status | In force as published by the source |
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