MANAGERS’ OBLIGATIONS

The certificate issued to a lottery manager shall include conditions that are aimed at:

  • Protecting the interests of any society for which the lottery manager may provide services.
  • Protecting the interests of participants in any lottery which the manager might conduct.
  • Ensuring proper management of lotteries by the holder of the certificate.

All certified lottery managers are bound by similar reporting responsibilities as those binding societies organising lotteries. They are required by law to:

  • Submit a return to the NLC on every society lottery organised within three months of the completion of the lottery.
  • Preserve all documents and records relating to the lottery for a minimum of five years after the completion of the lottery.
  • Provide the NLC with any information it requests about a society lottery and allow inspection by authorised NLC officials of any information relating to a lottery or any aspect of management of the lottery. Such an inspection may include the taking of copies of documents by the designated inspector.

  • Submit to the NLC, on an annual basis, financial statements in respect of all lotteries managed during the course of the year. These statements must be prepared by an independent auditor registered in terms of the Public Accountants’ and Auditors’ Act of 1991 and must be submitted within three months of the end of the year. The statements shall be prepared in accordance with generally accepted accounting principles and be accompanied by an auditor’s report, as specified in section 46 of the Lotteries Act.

In terms of section 49 of the Lotteries Act, the NLC may vary the conditions of the certificate. If it intends to do so, the NLC must give the certificate holder notice in writing of the proposed variation and afford the holder an opportunity to be heard on the matter.

Having fulfilled these conditions, the NLC may put the variation into effect from a stipulated date.

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