National Lottery Board

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National Lottery Board

The National Lotteries Board (NLB) was established in terms of the Lotteries Act (No 57 of 1997) to regulate the National Lottery as well as other lotteries, including society lotteries to raise funds and promotional competitions. The NLB also advises the Minister of Trade and Industry on policy matters relating tothe National Lottery and other lotteries.

The National Lottery Distribution Trust Fund (NLDTF) is established in terms of the Lotteries Act which designates members of the NLB as trustees of the NLDTF. It is their job to safeguard this money, invest it wisely, and ensure that it is put to the best possible use to benefit good causes. The annual contribution of the National Lottery to the NLDTF in recent years is detailed below:

2006/7 – R1,3 billion, 2007/8 – R0,7 Billion, 2008/9 – R1,5 Billion, 2009/10 – R1.6 Billion, 2011/12 R1,7 Billion

The allocation of NLDTF funds to the different sectors is set down in regulations and is currently as follows:
The Charities Sector receives 45% of the total pool.
The Arts, Culture and National Heritage Sector receives 28%.
The Sport and Recreation Sector receives 22%

An amount equal to 5% of the total is reserved for the Miscellaneous Purposes Sector. These funds are used for various activities that fall outside the scope of the main three sectors. Board members of the NLB allocate such grants in accordance with conditions set by the Minister of Trade and Industry.

www.nlb.org.za

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