Section 85A: Remittance of money into Lotto Fund and Consolidated

85A. Remittance of money into Lotto Fund and Consolidated Fund (1) On receipt of the proportion of the net proceeds referred to in sections 71(3)(c) and 85B(3), the Director-General shall, as soon as is practicable – (a) remit 50 per cent, or such other percentage as may be prescribed, of the net proceeds into the Lotto Fund to finance projects and schemes in respect of community development, education, health, sports, culture, heritage or arts, and for reimbursement of public debt of Government and for such other purposes as may be prescribed; and 218 Acts 2016 (b) remit the remaining percentage of the proportion of the net proceeds into the Consolidated Fund. (k) in the newly renumbered section 85B, by repealing subsection (4); (l) in section 94A, in paragraph (a), by deleting the words “items 7 and 13” and replacing them by the words “a licence running”; (m) in section 96, in subsection (5), by inserting, after the word “dies”, the words “or is incapacitated”; (n) in Part XXIII, in the heading, by inserting, after the word “DUTIES”, the words “, LEVY”; (o) by repealing section 114 and replacing it by the following section –