1896de Book2 Chapter07 Title17
From Thai Codification Codes of 1925
- Based on the English Translation by: Wang, Chung Hui (1907). The German Civil Code, translated and annotated with historical introduction and appendices. London: Stevens and Sons. [available on Archive.org]
BOOK II. Law of Obligations.
Chapter VII. Particular Kinds of Obligations.
Title XVII. Gaming, Betting.
- [I] No obligation is created by gaming or betting. What has been given by reason of the gaming or betting may not be demanded back on the ground that no obligation existed.
- [II] These provisions apply also to an agreement whereby the losing party, for the purpose of satisfying a gaming debt or a bet, incurs an obligation towards the other party, e.g., an acknowledgment of debt.
- A lottery contract or a raffle contract is binding if the lottery or the raffle is ratified by the Government. In all other cases the provisions of 762 apply.
- If a contract purporting to be for the delivery of goods or negotiable instruments is entered into with the intention that the difference between the price agreed upon and the exchange or market price at the time of delivery shall be paid by the losing to the winning party, the contract shall be deemed to be a gaming contract. This applies also if only one of the parties knows or ought to know of this intention.
