Section 25: Financial statements and records of licence.
(1) A licensee shall submit to the President and the Commission, at such time and in such manner as the Commission may, from time to time, prescribe financial statements, returns and other records relating to the lotteries operated pursuant to the licence.
(2) A licensee shall keep proper accounts and records of the transactions and affairs of the licensee sufficient to explain the financial operations and financial position of the licensee.
(3) A licensee may apply to the President, through the Commission, for an extension of time within which to submit the financial statement or return specified in subsection (1) of this section.
Cite this section
Section 25, NATIONAL LOTTERY ACT (2005).
https://repo.podus.ai/laws/national-lottery-act/section/25/