47.1. An organization holding a licence for a drawing authorizing the 50/50 activity must, upon request by the board, demonstrate that the profits made in conducting and managing the activity have been used for the purposes for which the licence was issued.
Any other organization holding a licence must file a report on the use of the profits not later than 120 days following the date of expiry of the licence or when applying for a new licence.
Decision 89-10-25, s. 28; M.O. 98-03-10, s. 9; O.C. 1076-2014, s. 22.