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

Regulations Relating to Allocation of Money in National Lottery Distribution Trust Fund, 2000 [Repealed]

2. [Repealed] Percentages in respect of allocation of funds (s26(1))

[Regulation 2 repealed by Notice No. R. 645 dated 20 July 2010]

 

The balance in the fund as contemplated in section 26(3) of the Act, shall be allocated as follows:

 

1) For expenditure on or connected with reconstruction and development projects and other programmes referred to in the Reconstruction and Development Programme Fund Act, 1994 (Act No. 7 of 1994), not less than ten per cent;
2) for charitable expenditure, not less than ten per cent;
3) for expenditure on or connected with the development of sport and recreation, not less than ten per cent;
4) for expenditure on or connected with the arts, culture and the national historical, natural, cultural and architectural heritage, not less than ten per cent; and
5) for expenditure in respect of any other matter approved by the Minister for that purpose, not more than ten per cent.Notwithstanding the provision of this regulation, Regulation 2 of Government Notice 3446 of 2000 shall apply to any matter approved by the Minister for urgent funding.