Difference between revisions of "National Lottery Distribution Trust Fund"

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(Acronym: [[NLDTF]])
 
(Acronym: [[NLDTF]])
  
The National Lottery is a major sponsor for arts and culture projects in South Africa, with approximately a third of the total annual income from the National Lottery being set aside for distribution by the National Lottery Distribution Trust Fund, which has been established in terms of the Lotteries Act to "safeguard this money, invest it wisely, and ensure that it is put to the best possible use to benefit good causes"[http://www.nlb.org.za/general-public/the-nldtf.html]. It is overseen by a government appointed National Lottery Board, which is responsible for reporting annually to Parliament on the management of the [[NLDTF]].
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The [[National Lottery]] is a major sponsor for arts and culture projects in South Africa, with approximately a third of the total annual income from the National Lottery being set aside for distribution by the [[National Lottery Distribution Trust Fund]], which has been established in terms of the Lotteries Act to "safeguard this money, invest it wisely, and ensure that it is put to the best possible use to benefit good causes"[http://www.nlb.org.za/general-public/the-nldtf.html]. It is overseen by a government appointed [[National Lottery Board]], which is responsible for reporting annually to Parliament on the management of the [[NLDTF]].
  
  
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http://www.nlb.org.za/general-public/the-nldtf.html
 
http://www.nlb.org.za/general-public/the-nldtf.html
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Latest revision as of 16:02, 5 March 2015

(Acronym: NLDTF)

The National Lottery is a major sponsor for arts and culture projects in South Africa, with approximately a third of the total annual income from the National Lottery being set aside for distribution by the National Lottery Distribution Trust Fund, which has been established in terms of the Lotteries Act to "safeguard this money, invest it wisely, and ensure that it is put to the best possible use to benefit good causes"[1]. It is overseen by a government appointed National Lottery Board, which is responsible for reporting annually to Parliament on the management of the NLDTF.


Sources

http://www.nlb.org.za/general-public/the-nldtf.html

Go to ESAT Bibliography

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Return to South African Theatre Venues, Companies, Societies, etc

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Return to Main Page