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Regulations Relating to Allocation of Money in National Lottery Distribution Trust Fund, 2000 [Repealed]

3. [Repealed] Requirements for the allocation of funds for charities (sec 28)

[Regulation 3 repealed by Notice No. R. 645 dated 20 July 2010]

 

A juristic person applying for a grant in terms of section 28 of the Act, shall-

 

1) be an organisation or institution established for charitable, benevolent or philanthropic purposes, including friendly societies, welfare organisations and conduit organisations or trusts in respect of any such organisation or institution;
2) state that its income and property are not distributable to its members, employees or managers, except as reasonable compensation for services rendered;
3) indicate that changes in the composition of its membership or management will not substantially affect its continued existence;
4) establish that it aims to improve the quality of life of people and communities who are disadvantaged by poverty or social exclusion;
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 for 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 the elderly people, the disabled and children or;
c) provides or intends to provide facilities for the under-privileged;
6) indicate that the projects undertaken or to be undertaken shall be for the public good and that there is a clear demand therefor;
7) indicate that the project or intended project produces or will produce significant improvements or new developments which would not otherwise have taken place;
8) establish that the project or intended project is financially viable and capable of being implemented;
9) establish that it has adequate measures and procedures for the proper application of sound economic, and effective management;
10) establish that proper accounting records are kept;
11) furnish a written report pertaining to its financial state of affairs and activities;
12) indicate the procedure for changing its constitution in respect of its aims.

 


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