National Lotteries Board regulations under review
The board says proposed amendments to its regulations would prevent over expenditure.
JOHANNESBURG - The National Lotteries Board of South Africa says proposed changes to its regulations would bring an end to multi-year funding agreements with sports and arts festivals and prevent over expenditure by the fund.
If the amendments are passed the board plans to allow charities and non-government organisations to apply for extended agreements.
The Department of Trade and Industry has announced amendments to the National Lottery regulations that would also see sports being given preference over arts projects.
But the board Deputy Director General Zodwa Ntuli has stressed that the regulations are reviewed every two years.
Ntuli says the allocation of funds to certain sectors is due to an increased need.
"You're actually just directing the priorities to align with where the need is. You'll see that there is an increase, not only in sport but there is a suggested increase also in relation to charities because of the need that we can see in that area."