(1) The promise of a reward relating to a prize competition is only valid if a period of time is set for submission of entries in the notice by publication.
(2) The decision on whether an entry submitted within the period of time meets the requirements of the promise of a reward, or which entry among more than one is to be given preference, is to be made by the person designated in the promise of a reward or, where such a person is lacking, by the person promising the reward. The decision is binding on the participants.
(3) In the case of entries of equal merit, the provisions of section 659 (2) apply to awarding the prize.
(4) The person promising the reward may only demand transfer of ownership of the work if they have stipulated in the promise of a reward that the transfer is to occur.