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

Regulatlating to Allocation of Money in National Lottery Distribution Trust Fund

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

 

 

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.