SOCIAL CAUSES FUND REGULATIONS

SOCIAL CAUSES FUND

SUBSIDIARY LEGISLATION 583.11

SOCIAL CAUSES FUND REGULATIONS

20th July, 2018

LEGAL NOTICE 249 of 2018.

The title of these regulations is the Social Causes Fund

Regulations.

In these regulations, save as provided in sub-regulation

(2), all words and phrases shall have the same meaning as prescribed

in the Gaming Definitions Regulations.

(2)

In these regulations, unless the context otherwise

requires

"the Act" means the Gaming Act;

"Committee" means the Social Causes Fund Committee

established in article 16 of the Act;

"Fund" means the Social Causes Fund established in article 16

of the Act;

"Gaming Fund" means the fund established in article 41 of the

The Fund shall be composed of the following

(a)

one half of the gross amount paid by the

Authority into the Gaming Fund;

(b)

any donations made to the Fund by any

interested party

Provided that any party making such a donation may

request that his donation be appropriated in favour of a

specific religious, philanthropic, cultural, sports, educational,

social or civic project, or a specific category of projects,

subject to the compliance of such project with all other

requirements established by the Committee.

(1)

The funds from time to time standing to the

credit of the Fund shall be paid out by the Committee, without any

further appropriation, to such persons, organisations, bodies or other

entities pursuing objectives of a religious, philanthropic, cultural,

sports, educational, social or civic nature or in support of other

deserving causes, and in such amounts, in such manner and at such

times, as may be determined by the Committee.

(2) The Committee shall ensure that the manner in which

persons, organisations, bodies or other entities may apply for

SOCIAL CAUSES FUND

funding, and the criteria which are used to determine whether such

persons, organisations, bodies or other entities may make such request

and whether funding should be granted, are made readily available to

the general public.

(1)

The Committee shall cause to be kept proper

accounts and other records of the receipts and expenditure of the Fund,

and shall cause to be prepared a statement of accounts in respect of

each financial year.

(2) The accounts of the Fund shall be audited by auditors

appointed by the Committee from among persons who are qualified to

be appointed as auditors of a company

Provided that the Minister responsible for the gaming

sector, or the Minister responsible for Finance, may require the books

and accounts of the Fund to be audited or examined by the Auditor

General who shall for the purpose have all the powers set out in the

Auditor General and National Audit Office Act.

(3) The Committee shall, as soon as may be but not later than

five months after the close of each financial year, transmit to the House

of Representatives through the Minister responsible for Finance, and to

the Authority, a copy of its annual accounts duly audited together with

a brief report on the projects or other deserving causes funded during

the previous year.