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n Without Prejudice - MAMA - they're making eyes at me : intellectual property
Promotional competitions are governed by s54 of the Lotteries Act (57 of 1997). In the first matter of its kind in South Africa, the National Lotteries Board (NLB) instituted motion proceedings against First Rand Bank (FNB), in terms of which the NLB sought the following order:
- The competition being conducted by FNB for the purposes of promoting its short-term investment product known as "the FNB Million-A-Month Account" be declared unlawful in terms of s56(b) and/or s57(1)(b) of the Lotteries Act No. 57/1997;
- FNB be interdicted and restrained from conducting the competition;
- FNB pays the costs of the application.
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