Running multiple chance-based promotions over the coming year and want to speed up the permit process, whilst saving costs? The answer may be a blanket competition permit.
A blanket permit allows you to set up a competition with no notice whatsoever, and works out to be a cheaper alternative to obtaining a number of individual permits.
Once you have a blanket competition permit you are able to use that permit number in each competition you run (provided that the competition complies with the requirements of that permit).
Rules of a blanket
A blanket competition permit runs for 12 months. The general rules of a blanket are:
- The value of each prize must be $1,000 or less;
- You must give away less than $100,000 over the life of the blanket;
- You must give away less than $5,000 in each draw; and
- You must keep records of each prize given away, the winners details and the promotion details.
To run competitions under a blanket you will need a permit from New South Wales and the Australian Capital Territory.
In NSW you can obtain either a Class B or a Class C blanket (different rules apply to each).
If you are running a number of smaller competitions, want flexibility in the competitions you run and see value in a blanket permit give us a call and we can obtain a blanket permit on your behalf.