(7) Proceeds and expenses

7.1 All prizes and expenses incurred as a result of conducting and managing the Progressive Bingo game must be deducted and paid out from the gross receipts derived from the Progressive Bingo game.

7.2 The Hall Charities Association may retain a maximum of one (1) per cent of the gross receipts to pay for administrative costs associated with the Progressive Bingo game. Any administrative costs for this event must be paid from the proceeds retained by the association. No part of the allowed administrative costs shall be paid to the bingo hall Operator or the association officers/directors. Any portion of the one (1) per cent not spent on administrative costs must be disbursed to the member organizations of the association to be used for charitable purposes approved on each member’s bingo application for licence.

7.3 The licensee must not use monies from any other source to pay for expenses related to the Progressive Bingo game.

7.4 Expenses must be reasonable and directly related to the conduct of the Progressive Bingo game.