asked the Minister for Finance when it is intended to make prize bonds available as gifts from adults to people under 16 years of age with suitable safeguards for the protection of winners under that age.
Written Answers. - Prize Bonds.
452.
In the interest of cost effectiveness the administration of the prize bonds scheme has been kept as simple as possible. The amendment of the scheme to permit persons under the age of 16 years to hold bonds would lead to administrative difficulties particularly with regard to payment of prize money and would not be justified having regard to the likely level of additional receipts from such an amendment.