5.1
5.2 Licensees must provide the HCA at the end of each charitable gaming event with a financial report detailing the results of each charitable gaming event. At minimum, the report must include:
5.3 The HCA must provide the licensing authorities and the Registrar with a Bingo Hall Charity Association Report for each monthly period. The report shall be due 30 days following month end and must include the following information:
Upon request, the report must be accompanied by copies of bank statements, deposit slips, copies of cheques written to member organizations of the HCA and a paper record for all EFTs.
5.4 The HCA must provide the licensing authority with a financial statement verified by an independent financial accounting firm on a yearly basis, in accordance with section 5815 of the CPA Canada Handbook, “Auditor’s Reports on Compliance with Agreements, Statutes and Regulations.” The financial statements must be signed on behalf of the HCA’s Board of Directors and provide details of all charitable gaming events administered by the HCA. The financial statements must cover the HCA’s fiscal year.
5.5 Member organizations of the HCA shall be responsible for any shortages incurred as a result of that member organization’s operation of a charitable gaming event and must be indicated on the financial report. Shortages incurred as a result of the Operator or its employees will be the responsibility of the Operator and must be paid to the member organization conducting the charitable gaming event and must be included as part of the net deposit for that event.
5.6 The HCA Administrator must ensure that licensees are able to provide payment of the prize board for each charitable gaming event conducted.
5.7 The licensee must provide the licensing authority with a monthly report verified by the licensee’s Board of Directors, setting out all expenses paid from the proceeds derived from the charitable gaming event, as prescribed by the Registrar. The monthly report must be filed within 30 days of the end of the month covered by the report.
5.8 The HCA must, and where a licensee is required to do so, the licensee must file its financial statements with the licensing authority within 180 days after the fiscal year end.
5.9 Each licensee must file with the licensing authorities the compliance reports required by the terms and conditions within 180 days of its fiscal year end.
5.10 The HCA must make available to its member organizations copies of all reports filed with the licensing authority immediately after they are filed.