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L-6, r. 12 - Lottery Scheme Rules
Section 45
Disposition versions
45. A holder of a licence for a drawing, unless the licence authorizes the 50/50 activity, must prepare and keep a statement of gross and net profit on the form prescribed by the board.
He must send a copy of the statement to the board when applying for a new licence or not later than 60 days following the date set for the awarding of prizes.
The statement must contain the following information:
(1) the number of tickets printed or items manufactured;
(2) the number of tickets or items sold;
(3) the selling price of a ticket or item;
(4) the total proceeds from the sale of tickets or items;
(5) the total value of prizes awarded;
(6) the actual cost of each prize awarded, as well as supporting vouchers;
(7) the total value of the prizes claimed;
(8) the administration expenses related to the drawing;
(9) the profit or loss from the drawing;
(10) the name and address of each winner of a prize valued at $100 or more;
(11) an attestation that all prizes offered were awarded, or if not, the reasons why they were not awarded.
45. A holder of a licence for a drawing must prepare and keep a statement of gross and net profit on the form prescribed by the board.
He must send a copy of the statement to the board when applying for a new licence or not later than 60 days following the date set for the awarding of prizes.
The statement must contain the following information:
(1) the number of tickets printed or items manufactured;
(2) the number of tickets or items sold;
(3) the selling price of a ticket or item;
(4) the total proceeds from the sale of tickets or items;
(5) the total value of prizes awarded;
(6) the actual cost of each prize awarded, as well as supporting vouchers;
(7) the total value of the prizes claimed;
(8) the administration expenses related to the drawing;
(9) the profit or loss from the drawing;
(10) the name and address of each winner of a prize valued at $100 or more;
(11) an attestation that all prizes offered were awarded, or if not, the reasons why they were not awarded.
