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L-6, r. 12.1 - Lottery Scheme Rules
Section 75
Disposition versions
75. A holder of a licence to conduct and manage a drawing must prepare and keep a statement of gross and net profit on the form prescribed by the board.
The holder must send a copy of the statement to the board not later than 60 days following the date of expiry of the licence.
The statement must contain the following information for each drawing:
(1) the number of tickets on sale;
(2) the number of tickets sold;
(3) the selling price of each ticket;
(4) the total proceeds from the sale of tickets;
(5) the total value of prizes awarded;
(6) the actual cost of each prize awarded, as well as supporting vouchers at the board’s request;
(7) the total value of the prizes claimed;
(8) the administration expenses;
(9) the profit or loss;
(10) the name and address of each winner of a prize valued at $2,000 or more, at the board’s request;
(11) an attestation that all prizes offered were awarded or the reasons why they were not awarded.
In force: 2022-09-01
75. A holder of a licence to conduct and manage a drawing must prepare and keep a statement of gross and net profit on the form prescribed by the board.
The holder must send a copy of the statement to the board not later than 60 days following the date of expiry of the licence.
The statement must contain the following information for each drawing:
(1) the number of tickets on sale;
(2) the number of tickets sold;
(3) the selling price of each ticket;
(4) the total proceeds from the sale of tickets;
(5) the total value of prizes awarded;
(6) the actual cost of each prize awarded, as well as supporting vouchers at the board’s request;
(7) the total value of the prizes claimed;
(8) the administration expenses;
(9) the profit or loss;
(10) the name and address of each winner of a prize valued at $2,000 or more, at the board’s request;
(11) an attestation that all prizes offered were awarded or the reasons why they were not awarded.
