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Gambling Act 2003

Institutions - New Zealand Lottery Grants Board - Financial provisions relating to Board and distribution committees

289: Miscellaneous expenditure

You could also call this:

"Money from lottery profits can be used for extra costs like research and administration."

The Minister can approve payments from the leftover profits of New Zealand lotteries for certain things. You can think of leftover profits as money that is not given out as prizes. The Minister can approve payments for managing and distributing these profits. The Minister can also approve payments for researching New Zealand lotteries and other types of gambling. Additionally, the Minister can approve payments for telling people about how the profits are distributed. The Minister can even approve payments for administering certain parts of the law, including subpart 2.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM210212.

Topics:
Money and consumer rights > GamblingGovernment and voting > Government departments
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288: Loans to Lotteries Commission, or

"The government can lend lottery money to help the Lotteries Commission do its job before the profits are shared out."

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290: Accounts of profits and audit, or

"Tracking and checking the money made from New Zealand lotteries"

Part 3Institutions
New Zealand Lottery Grants Board: Financial provisions relating to Board and distribution committees

289Miscellaneous expenditure

  1. There may be paid out of the undistributed profits of New Zealand lotteries the amounts that the Minister approves—

  2. for any purposes in connection with the management, investment, and distribution of profits of New Zealand lotteries:
    1. for any research or investigation relating to New Zealand lotteries and other gambling activities:
      1. for the dissemination of information relating to the distribution of profits of New Zealand lotteries:
        1. for the administration of this subpart and subpart 2.

          Compare
          • 1977 No 84 s 116X