Lotteries Act, 1997 (Act No. 57 of 1997)Part I : The National LotteryChapter 1 : National Lotteries Board8. Funds of board |
(1) | The funds of the board shall consist of— |
(a) | the payments to the board in terms of section 34; |
(b) | application and licensing fees paid to the board in terms of section 14(3); |
(c) | other money lawfully paid to the board, excluding any prize money paid by the licensee to the board; and |
(d) | money appropriated by Parliament. |
(2) | The board may, up to an amount approved from time to time by the Minister in consultation with the Minister of Finance, raise short-term loans at any time, by way of overdrawing its account with a bank or otherwise, to meet any casual deficits that may arise. |