Gambling Act 2003

Gambling - Licensing of class 4 gambling - Net proceeds and costs of class 4 gambling

108C: Other corporate societies must make financial statements available on Internet

You could also call this:

"Corporate societies must put their money reports online"

If you are part of a corporate society that does certain types of gambling, you have to make your financial statements available on the internet. You must do this within four months of the end of your financial year. This means you need to put a copy of your financial statements and the auditor's report on a website that your society controls. You can find out what financial statements you need to make available by looking at section 108(1)(b). If you do not make your financial statements available on the internet, you can get a fine of up to $10,000.

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This page was last updated on 29 June 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6043514.

Topics:

Money and consumer rights > GamblingCrime and justice > Criminal law

108B: Clubs that operate gambling equipment at non-commercial class 4 venues must make financial statements available to members, or

"Clubs with gambling machines must show members how they spend money"

109: Annual review of criteria for distribution of net proceeds, or

"Checking each year to make sure money is shared fairly in the community"

Part 2Gambling
Licensing of class 4 gambling: Net proceeds and costs of class 4 gambling

108COther corporate societies must make financial statements available on Internet

This section applies to a corporate society other than a corporate society to which section 108B applies.
A corporate society to which this section applies must, not later than 4 months after the end of its financial year, ensure that a copy of any financial statements referred to in section 108(1)(b) for that financial year and a copy of the auditor's report on those statements are available at all reasonable times on an Internet site maintained by or on behalf of the society.
This section does not limit any other duty under this Act or regulations made under this Act to make available the annual report, the financial statements, or the auditor's report.
A corporate society that contravenes subsection (2) commits an offence and is liable on conviction to a fine not exceeding $10,000.

Notes

Section 108C: inserted, on 1 April 2014, by section 90 of the Financial Reporting (Amendments to Other Enactments) Act 2013 (2013 No 102).