RESPONSIBLE GAMING FUND REGULATIONS

RESPONSIBLE GAMING FUND

SUBSIDIARY LEGISLATION 583.01

RESPONSIBLE GAMING FUND REGULATIONS

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LEGAL NOTICE 12 of 2014.

(1) The title of these regulations is the Responsible Gaming

Fund Regulations.

(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 Gaming 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.

*not yet in force.

RESPONSIBLE GAMING FUND

(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

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

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

RESPONSIBLE GAMING FUND

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.