INTEGRATED REPORT  2019
List of Abbreviations/Acronyms
AA Accounting Authority
ACT The Lotteries Amended Act, No.32 of 2013
AFS Annual Financial Statements
AGSA Auditor-General South Africa
Board Board of Directors of the NLC
CATHSSETA Culture, Arts, Tourism, Hospitality, Sports, Sector Education and Training Authority
COMMISSIONER Commissioner of the NLC
DA Distributing Agency
GRAP Generally Recognised Accounting Practice
IPSAS International Public Sector Accounting Standards
MTEF Medium Term Expenditure Framework
NGO Non-governmental Organisation
NLC National Lotteries Commission established in terms of the Lotteries Amendment Act, including its controlled entities, being National Lotteries Distribution Trust Fund and National Lotteries Participants Trust
NLDTF National Lottery Distribution Trust Fund
NLPT National Lotteries Participants Trust
NPC Non-Profit Company
NPO Non-Profit Organisation
PFMA Public Finance Management Act (Act No. 1 of 1999) as amended
RFP Request for Proposal
SCA Supreme Court of Appeal
SCM Supply Chain Management
the dti Department of Trade and Industry

 

The six capitals

Financial
Intellectual
Manufactured
Natural
Human
Social and
relationship
       
 
 

Strategic objectives