Lotteries Act, 1997 (Act No. 57 of 1997)Part I : The National LotteryChapter 3 : Distribution of net proceeds of National Lottery29. Allocation to sport and recreation |
| (1) | So much of any sum paid into the fund as is allocated for expenditure referred to in section 26(3)(c), shall be held in the fund for distribution by the Commission to distribute the allocated sum fairly and equitably amongst all persons who meet the prescribed requirements. |
[Section 29(1) amended by section 27(a) of Act No. 32 of 2013]
| (2) | The distributing agency shall consider, evaluate and adjudicate applications for grants and the Commission shall pay such grants to appropriate recipients in accordance with this Act and subject to the conditions imposed and to any directions issued by the board, from the sum allocated for the development of sport and recreation. |
[Section 29(2) amended by section 27(b) of Act No. 32 of 2013]
| (3) | [Section 29(3) deleted by section 27(c) of Act No. 32 of 2013]. |
| (4) | The Auditor-General or any person designated by him or her shall audit all financial statements reflecting expenditure from the sum allocated for the development of sport and recreation. |
| (5) | Any juristic person meeting the prescribed requirements may in the prescribed form apply to the distributing agency for a grant. |