Gaming Act (Cap. 583)

Gaming Act (Cap. 583), article 40

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40. The Authority shall, as soon as may be but not later than five months after the close of each financial year of the Autho rity, transmit to the House through the Minister, a copy of its annua l accounts duly audited together with a report on its activities during the previous year. The Gaming Fund.41. (1) The Authority shall create and maintain a fund, to be styled as the "Gaming Fund", to which there shall be cred ited and paid by the Authority, upon receipt thereof: (a) such percentage of the gross sums, fees, duties and, or taxes paid by authorised persons to the Authority as may be prescribed by regulations made by the Minister under this Act; (b) such sums as may be paid in terms of any law or private contract or any other legal instrument or document whatsoever, be it domestic, foreign or international, to the Responsible Gaming Fund; and (c) any other amounts which the Authority is required to credit and pay into the Gaming Fund by or under this Act or any other law. (2) All funds standing to the credit of the Gaming Fund 26 [CAP. 583. GAMING may, after deducting the amount to be appropriated in favour of the Social Causes Fund and, or the Responsible Gaming Fund, be used for such lawful purposes as the Authority may, in its discretio n, deem necessary or desirable in furthe rance of its functions or the m ain objectives of this Act. PART IX - Administrative Review Administrative Review Tribunal. Cap. 490.

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