Gambling Act 2003 No 51 (as at 01 October 2008), Public Act

114 Regulations regarding application or distribution of net proceeds from class 4 gambling
  • (1) The Governor-General may, by Order in Council, make regulations for all or any of the following purposes relating to the application and distribution of net proceeds from class 4 gambling:

    • (a) prescribing the amount (or a minimum amount) that a corporate society must apply or distribute to or for authorised purposes, and that amount may be prescribed as a specific amount or as a percentage (for example, as a percentage of turnover, player expenditure, or net proceeds):

    • (b) prescribing a time period within which the application or distribution of net proceeds from class 4 gambling must occur:

    • (c) prescribing requirements for advertising the availability of net proceeds from class 4 gambling for distribution:

    • (d) prescribing requirements for the methods and processes used to deal with applications for the distribution of net proceeds from class 4 gambling:

    • (e) prescribing requirements for the publication of information about the application and distribution of net proceeds from class 4 gambling, including what amounts to publication for the purposes of section 110:

    • (f) prescribing other requirements concerning the management, application, or distribution of net proceeds.

    (2) Regulations made under subsection (1) may apply—

    • (a) to specified licence holders or classes of licence holder; or

    • (b) in respect of specified venues or classes of venue; or

    • (c) in respect of specified gambling equipment or classes of gambling equipment; or

    • (d) in respect of specified games or classes of games.