Gambling Act 2003

Institutions - New Zealand Lotteries Commission - Financial provisions relating to Lotteries Commission

266: Accounts and audit

You could also call this:

"The Lotteries Commission must keep track of its money and make sure its accounts are correct."

Illustration for Gambling Act 2003

The Lotteries Commission must prepare financial statements. These statements must include money made from selling lottery tickets in New Zealand and from special lotteries. The Commission must follow the rules in Part 4 of the Crown Entities Act 2004 when preparing these statements, and they must also include information about special purpose lotteries promoted under section 245.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM209775.


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Part 3Institutions
New Zealand Lotteries Commission: Financial provisions relating to Lotteries Commission

266Accounts and audit

  1. Repealed
  2. The financial statements that must be prepared by the Lotteries Commission under Part 4 of the Crown Entities Act 2004 must include its financial transactions relating to the proceeds from sales of tickets in New Zealand lotteries and every special purpose lottery promoted under section 245.

  3. Repealed
Compare
  • 1977 No 84 s 114
Notes
  • Section 266(1): repealed, on , by section 200 of the Crown Entities Act 2004 (2004 No 115).
  • Section 266(2): amended, on , by section 200 of the Crown Entities Act 2004 (2004 No 115).
  • Section 266(3): repealed, on , by section 200 of the Crown Entities Act 2004 (2004 No 115).