Still working on the State lottery
Work to refine provisions of the Lottery Act is still continuing according to spokesperson in the ministry of tourism, Romeo Muyunda who gave an update on the development of the Act.
Once finalised, it will pave the way for the establishment of a State lottery fund. The bill revises the existing Lotteries Act of 2002, which was mainly established to regulate and control lottery activities in the country.
If parliament passes the proposed legislation, a Lotteries Board will be established to supervise and control benevolent lotteries in the country.
“The Lottery Act has been enacted but most of the provisions contained in the Act are not yet implemented. The ministry is still trying to identify which provisions of the Act will need to be enacted first,” said Muyunda.
According to him, the ministry will also need to appoint a board and draft a set of regulations. “When the board is appointed will we be able to implement many other things,” said Muyunda. “We will also need to advertise an expression of interest from which we hope to receive bids for someone to run the lottery,” Muyunda said. “We are working on it,” he said.
It is believed that the creation of a State lottery will help supplement government's revenue and also contribute to the fight against poverty.
Tourism minister Pohamba Shifeta has previously explained that a board will be appointed to run the lottery on behalf of government.
The proposed legislation makes provision for the Lotteries Board to run the State lottery on its own or through an operator who would be granted a licence. “In essence the Lotteries Board has to assure that the State lottery is run with all due propriety, that the interests of participants are protected, that the long-term sustainability is safeguarded, and subject to the above, the revenues allocated to good causes are as high as possible,” said Shifeta.
According to him, the lottery will also help government source funds for development programmes.
“Lotteries run for or by governments are used as a source of funds to support public programmes such as infrastructure development, public safety, public health and education.”
OGONE TLHAGE
Once finalised, it will pave the way for the establishment of a State lottery fund. The bill revises the existing Lotteries Act of 2002, which was mainly established to regulate and control lottery activities in the country.
If parliament passes the proposed legislation, a Lotteries Board will be established to supervise and control benevolent lotteries in the country.
“The Lottery Act has been enacted but most of the provisions contained in the Act are not yet implemented. The ministry is still trying to identify which provisions of the Act will need to be enacted first,” said Muyunda.
According to him, the ministry will also need to appoint a board and draft a set of regulations. “When the board is appointed will we be able to implement many other things,” said Muyunda. “We will also need to advertise an expression of interest from which we hope to receive bids for someone to run the lottery,” Muyunda said. “We are working on it,” he said.
It is believed that the creation of a State lottery will help supplement government's revenue and also contribute to the fight against poverty.
Tourism minister Pohamba Shifeta has previously explained that a board will be appointed to run the lottery on behalf of government.
The proposed legislation makes provision for the Lotteries Board to run the State lottery on its own or through an operator who would be granted a licence. “In essence the Lotteries Board has to assure that the State lottery is run with all due propriety, that the interests of participants are protected, that the long-term sustainability is safeguarded, and subject to the above, the revenues allocated to good causes are as high as possible,” said Shifeta.
According to him, the lottery will also help government source funds for development programmes.
“Lotteries run for or by governments are used as a source of funds to support public programmes such as infrastructure development, public safety, public health and education.”
OGONE TLHAGE
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