Responsible Gaming Fund Regulations, 2014

L.N. 12 of 2014

LOTTERIES AND OTHER GAMES ACT

(CAP. 438)

Responsible Gaming Fund Regulations, 2014

IN exercise of the powers conferred by article 78 of the

Lotteries and Other Games Act, the Minister for Finance has, after

consultation with the Lotteries and Gaming Authority, made the

following regulations:-

(1) The title of these regulations is the Responsible

Gaming Fund Regulations, 2014.

(2) These regulations shall come into force on such date as the

Minister may by notice in the Gazette appoint.

In these regulations unless the context otherwise requires -

"the Act" means the Lotteries and Other Games Act;

"the constitutive instrument" means the public deed which shall

establish the Responsible Gaming Foundation and includes a

reference to all those related attached documents which shall be

delivered to, and filed with, the Registrar according to law;

"the Foundation" means the Responsible Gaming Foundation;

"the Fund" means the Responsible Gaming Fund;

"the Minister" shall have the same meaning assigned to it by the

Act;

"the Registrar" means the Registrar for Legal Persons.

(1) There shall be a fund to be known as "the

Responsible Gaming Fund" which shall be composed of monies

collected for the fulfilment of the objectives of the Foundation as

defined in regulation 5.

(2) The Responsible Gaming Fund shall be administered by

and be under the general control of the Responsible Gaming

Foundation.

(1) There shall be a foundation to be known as "the

Responsible Gaming Foundation" which shall be created by public

deed in accordance with law to administer the Fund and fulfil the

objectives defined in regulation 5.

(2) The Responsible Gaming Foundation shall be a purpose

foundation and shall be regulated by

(a)

the relevant provisions of the Second Schedule to

the Civil Code which regulate purpose foundations; and

(b)

the constitutive instrument.

(3) (a)

The administration and management of the

Foundation shall be entrusted to a board of administrators which shall

be appointed by the constitutive instrument.

(b) The board of administrators shall be composed of

the Chairman and four other members.

(c)

The board of administrators shall appoint a board

secretary as determined by the constitutive instrument.

(4) The legal and judicial representation of the Foundation

shall be vested in the Chairman and one administrator acting jointly.

The Responsible Gaming Foundation shall have the Objectives.

following objectives

(a)

to administer and manage the Responsible Gaming

Fund in accordance with the terms of the constitutive

instrument;

(b) to participate in the organisation of, to facilitate or

assist the organisation of, and, or to organise projects and

initiatives aimed at providing awareness on problem gambling,

and, or conducting research initiatives on responsible gaming

and problem gambling, and, or assisting in the rehabilitation of

problem gamblers, including the offering of necessary support

to families of problem gamblers;

(c)

to encourage activities alternative to gaming;

(d) to foster further education into responsible gaming

and problem gambling.

The Responsible Gaming Foundation shall have the Powers.

following powers

(a)

to register the foundation as a legal person in terms

of law;

(b) to utilise or pay out such percentage of monies

belonging to the fund, which percentage shall not exceed ten per

centum of the total Fund income, as may be determined by the

board of administrators from time to time, for ordinary expenses

incurred in the running and administration of the Foundation;

(c)

to collect, distribute, pay or apply the whole or such

part of the Fund for the fulfilment of the objectives of the

foundation;

(d) to coordinate with organisations embarking on

initiatives consistent with the objectives of the Foundation;

(e)

to apply for European Union funding with regard to

projects related to responsible gaming, or gaming prevalence

studies, or rehabilitation initiatives targeted at problem

gamblers and their families, as well as any other projects

consistent with the objectives of the Foundation;

(f)

to undergo or commission research into problem

gaming;

(g) to enter into collaborative agreements with other

organisations which have a similar purpose to the Foundation,

or the purpose of which is complementary to the purpose of the

Foundation, as may be determined by the board of

administrators;

(h) to do all such acts as are considered conducive

towards the attainment of the objectives of the Foundation.

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