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

Regulations

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

3. Requirements for the allocation of funds for charities (see 28)
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3.1 A juristic person applying for a grant in terms of section 28 of the Act shall:

 

3.1.1 be an organization or institution established for charitable, benevolent or philanthropic purposes, including friendly societies, welfare organizations and conduit organizations or trusts in respect of any such organization or institution;

 

3.1.2 state that its income and property are not distributable to its members, employees or managers, except as reasonable compensation for services rendered;

 

3.1.3 indicate that changes in the composition of its membership or management will not substantially affect its continued existence;

 

3.1.4 establish that it aims to improve quality of life of people and communities who are disadvantaged by poverty or social exclusion;

 

3.1.5 establish that it:
(a) funds or intends to fund projects which enable people to become involved in activities which improve the quality of life of the community as a whole;
(b) funds or intends to fund projects which assist those at greatest disadvantage or excluded from the community, especially projects pertaining to elderly people, the disabled and children or;
(c) provides or intends to provide facilities for the under privileged;

 

3.1.6 indicate that the projects undertaken or to be undertaken shall be for the public good and that there is a clear demand thereof;

 

3.1.7 indicate that the intended project produces or will produce significant improvements or new developments which would not have otherwise taken place;

 

3.1.8 establish that the project or intended project is financially viable and capable of being implemented;

 

3.1.9 establish that it has adequate measures and procedures for the proper application of sound economic and effective management;

 

3.1.10 ensure that proper accounting records are kept;

 

3.1.11 furnish a written report pertaining to its financial state of affairs and activities; and

 

3.1.12 indicate the procedure for changing its constitution in respect of its aims.