Lotteries Act, 1997 (Act No. 57 of 1997)

Regulations

Regulations Relating to Allocation of Money in National Lottery Distribution Trust Fund, 2010

2. Percentages in respect of allocation of funds (see 26(1))
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2.1 The balance in the fund as contemplated in section 26(3) of the Act, shall be allocated as follows:

 

2.1.1 [Regulation 2.1.1 deleted by regulation 2(a) of Notice No. R. 311 dated 14 April 2015]

 

2.1.1 for charitable expenditure, not more than forty seven percent (47%);

[Regulation 2.1.1 substituted by regulation 2(b) of Notice No. R. 311 dated 14 April 2015]

 

2.1.2 for expenditure on or connected with the development of sport and recreation, not more than twenty eight percent (28%);

[Regulation 2.1.2 substituted by regulation 2(b) of Notice No. R. 311 dated 14 April 2015]

 

2.1.3 for expenditure on or connected with the arts, culture and the national historical, natural, cultural and architectural heritage not more than twenty three percent (23%); and

[Regulation 2.1.3 substituted by regulation 2(b) of Notice No. R. 311 dated 14 April 2015]

 

2.1.4 for expenditure in respect of miscellaneous category not more than two percent (2%).

[Regulation 2.1.4 substituted by regulation 2(b) of Notice No. R. 311 dated 14 April 2015]

 

[Remainder of subregulation 2.1 renumbered by regulation 2(b) of Notice No. R. 311 dated 14 April 2015]