Robbin bastids

Woodsyla · September 18, 2008

Any legal types know if this sort of false advertising is allowed. the total amount of the money but less their 35% cut. So if the house sells 40,000 tickets they pocket £250,000 after giving £100,000 to charity. Can they do this ?

http://www.winthecheltenhamhouse.com/Default.aspx

What happens if we don't reach the 46,000 ?

A. If we don't reach our cash target, we have the option of extending out deadline by upto 3 months. If at that point we still have not reached our goal, we will do a cash draw and the winner will receive the total amount of money received instead of winning the property. There are more details on this in the Terms and Conditions.

Closing the competition

If the sum of 95% of the Maximum Number of Entries to the Competition is not equal to the sum number of entries received as at the closing date, the Competition will close and the proceeds of the Competition will be determined using the formula “number of tickets sold x ticket price” (“the Entry Fees”);

The Winner of the Competition will then be determined in accordance with the method described in clause 35 above;

The Promoters will be entitled to retain up to 35% of the Entry Fees to cover administration and marketing expenditure. The remaining balance following deduction of this sum is “the Prize Fund”. The Prize Fund will then be distributed to the winning Entrant;

The Promoter will donate 10% of the gross ticket price to one or more charities which will be listed from time to time on the Website.

PROMOTERS: Timothy & Zoe Bawtree (“the Promoter”)

matty · September 18, 2008

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