The Settlement Prize Club aims to give cash prizes to its members and generate funds for The Settlement. Registered with North Hertfordshire District Council (NHDC).
- Membership: Open to anyone over 18 years of age
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Subscription:
- £10 per calendar year, payable in advance, for ten £1 draws.
- Payable either by banker's order annually on 28th February, or by cash payment by 28th February.
- Payment by Banker's Order is preferred.
- Completed Banker's Order forms must arrive at The Settlement by 10th February.
- Each £10 will purchase a share.
- For each share a number will be allocated.
- All share numbers go into every draw.
- Any number of shares may be purchased.
- A list of members and their shares numbers will be kept at The Settlement for reference.
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Income and Prizes:
- Of the total income 50% is returned in prizes and 50% goes to The Settlement funds
- Prize distribution will be:
- 35% in ten monthly prizes (no draw in February and August)
- 5% in an additional prize each May
- 10% in an additional prize each November
- Prizes will be paid by bank cheque and handed to, or posted to the winning share holder(s)
- Any bank interest earned is used towards the Prize Club running costs.
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Draw & Results:
- The draw will take place at, or near, the end of each month except in February and August.
- If a major Settlement event is due to take place near the end of a month, the draw may be made at the event.
- Two or more full members, or staff of the Settlement, will be present at each draw.
- The winner's numbers and an account for the month will be posted on the Settlement Common Room Notice Board.
- In the event of a dispute, the decision of The Settlement organisers will be final.