Hospitals Trust (1940) Limited
Death
The Irish Hospital Sweepstakes was established in 1930 and was promoted by a private company, Hospitals' Trust (1940) Limited, in pursuance of a 'standing agreement' with a sweepstake committee appointed by the governing bodies of various hospitals. The Hospitals' Trust Fund was used to channel the net proceeds of the sweepstakes to hospitals for capital purposes. Statutory responsibility for the Hospitals' Trust Fund was with the Minister for Health and that for the running of the sweepstakes by Hospitals' Trust (1940) Limited with the Minister for Justice. The company's operations were opaque in certain respects. It went into voluntary liquidation in 1987, having failed to secure the contract for the new National Lottery