Fees payable

(1) Upon application to promote, hold or conduct a lottery, the applicant shall pay to the Committee such fees as may from time to time be prescribed by the Minister by regulations made under this Act. (2) All fees received by the Committee under this Act or Regulations made thereunder, shall be paid to the credit of “The Official Charities Fund” at the Treasury and all expenditure incidental to the functions of the Committee in the control and regulation of lotteries shall be met from such fund. (a) a for promoting, holding or conducting a lottery during, (i) a quarter year period, two hundred and fifty dollars; (ii) a half year period, five hundred dollars; (iii) a year, one thousand dollars; 11 (b) the exclusive right to promote, hold or conduct lotteries of any specific type of lottery during, (i) a quarter, three hundred and seventy- five dollars; (ii) a half year period, seven hundred and fifty dollars; (iii) a year, one thousand five hundred dollars. (3) An annual licence shall commence on 1st April in any year and shall expire on 31st March in the following year. (4) Where the Committee has, by regulation, provided that applications for licences must be submitted a certain time before the licence is to come into force, the Committee may in its discretion consider any application submitted after that date upon payment of a further fee of five dollars. (5) The fees received by the Committee under subsections (1) and (3) of this section, shall be paid to the credit of the Consolidated Revenue Fund, Provided that where any application is refused any fee which has been paid under subsection (1) of this section shall be refunded to the applicant. (6) The fees payable under this section may be varied by Order of the Minister published in the Gazette.