By Admin 
Nobel Prize Transfer Rules: Recently, Venezuelan opposition leader Maria Corina Machado made headlines by presenting her Nobel Peace Prize medal to US President Donald Trump during a meeting at the White House. But meanwhile a question is arising whether the Nobel Prize can really be transferred from one person to another. Let us know what is the truth behind this.
Nobel Prizes are permanent and non-transferable
According to the rules of the Norwegian Nobel Committee and the Nobel Peace Prize, once the Nobel Prize is officially awarded, it cannot be revoked. Along with this, it can neither be divided nor transferred to anyone else. It simply means that the honor, title and official recognition always remain with the original winner. Now after this, even if this physical medal is given to anyone.
Medal can be transferred
The medal and its associated cash become the personal property of the winner. But the legal and official status of being a Nobel Peace Prize winner cannot be given to anyone else. If the winner wishes, he can keep his medal and prize money as per his choice, gift it, sell it or even donate it. But this does not make the person who has been given this medal and prize money a winner.
The prize money legally belongs to the recipient after receiving the award. Recipients sometimes donate their cash awards to charitable causes or use them to support research, humanitarian projects, or educational programs.
Why are the rules so strict
The Nobel Prizes were established by the will of Alfred Nobel. Let us tell you that their administration follows strict rules. These rules have been made to prevent controversy, political manipulation or amendments after the award. These rules clearly say that no appeal can be made against the decision of the award giving body. Not only this but once the award is declared, it remains valid forever.
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