Member Draw Terms and Conditions
Member Draw Rules
- Participants in the monthly draw must be Members of Comhar Linn INTO Credit Union Ltd, be members in good standing and over 18 years of age.
- Participants will subscribe to the draw at the rate of €1.27 per fortnight or €33.02 annually, or as decided from time to time by the Board of Directors. Contributions will be by Deduction at Source where members are on salary deduction.
- A draw will be made at a date named by the Board of Directors but in event of insufficient support by members, the scheme may be discontinued or suspended. If funds permit additional prizes may be distributed in any particular month.
- The draw will be made by computer or by any other method deemed to be appropriate by the Board of Directors.
- After verification of the result, the winners will be notified as soon as possible.
- Financial accounts will be prepared each year and will be audited by the Auditor appointed by the Credit Union. Annual Reports of the Draw will be available at the Credit Union A.G.M.
- The Board of Directors will not entertain requests for cash in lieu or exchange of additional prizes
- The decision of the Board of Directors of Comhar Linn INTO Credit Union Ltd concerning the interpretation of the foregoing rules pertaining to the draw will be final.
- The winning members will be notified and the winners’ names and photos may be displayed in the Credit Union offices and in other Credit Union publications.
- Entry is limited to one entry per member per draw
- Members of the Credit Union Board Oversight Committee, Officers (including Directors) Volunteers, Employees and Staff are excluded from participation in the draw.
- The draw shall be held monthly in the first week of the month in the Credit Union office at 33 Parnell Square, Dublin 1.
- The draw will be non-profit making and any surplus fund, as held in our Draw Fund Account, will be carried forward to the next draw
- In the unlikely event of the winner being in default of any financial commitment to the Credit Union,the prize may be delayed until such default is rectified and, if necessary, may be disposed of in order to meet such commitments and the net proceeds, if any, paid to the winner.
NO ENTRY IS VALID UNTIL THE FULL MONTHLY SUBSCRIPTION HAS BEEN PAID FOR THE RELEVANT DRAW