(8) Proceeds and expenses
8.1 The net proceeds derived from the conduct of the Super Jackpot must be used for the charitable or religious objects or purposes as listed and approved on the concurrent Regular Bingo application.
8.2 All prizes and expenses incurred as a result of conducting the Super Jackpot must be deducted and paid out from the gross receipts derived from the Super Jackpot. The licensee must not use monies from any other source to pay for expenses related to the Super Jackpot.
8.3 Expenses must be directly related to the conduct of the Super Jackpot.
8.4
- Each expense must be individually calculated and paid by cheque, in Canadian funds, drawn on the designated lottery trust account as described in Section 11. The licensee must pay separately each supplier registered under the Gaming Control Act, 1992.
- The licensee must make timely payment for goods and/or services received from suppliers registered under the Gaming Control Act, 1992.
8.5
- The net proceeds derived from the conduct of a Super Jackpot game must be disbursed to all members of the Hall Charities Association on a monthly basis.
- The division of proceeds must be made based on the frequency of Regular Bingo events held by each member organization each month.
8.6
- Licensees Using the Services of an Operator Registered under the Gaming Control Act, 1992.
The gross receipts derived from the Super Jackpot must be distributed at a minimum on a monthly basis by Hall Charities Associations and on an event basis by other licensees as follows:- The payment of all prizes, advertising and promotion, and the licence fee must be deducted first from the gross receipts.
- The licensee must retain a minimum of 60 per cent of the remaining proceeds.
- The licensee may pay the bingo hall Operator a maximum of 40 per cent of the remaining proceeds after calculating paragraph 8.6(a)(i) up to a maximum of 15 per cent of the gross receipts, whichever is less, as hall rental.
- If, after calculating paragraph 8.6(a)(i), the event results in a loss, the licensee will be responsible for a maximum 50 per cent of the loss incurred. The licensee must receive the remainder in payment from the Operator of the bingo hall.
- Cash shortages incurred as a result of an error on the part of the licensee or a member organization of the Hall Charities Association shall be deducted from their share of proceeds. Cash shortages incurred as a result of an error on the part of the Operator or its employees must be deducted from the hall rental paid to the Operator of the bingo hall. In the event of a loss, the licensee must receive the shortage in payment from the Operator.
- The Goods and Services Tax on hall rental, as calculated in paragraph 8.6(a)(iii), must be paid from the proceeds retained by the licensee.
- The Hall Charities Association may use a maximum of one (1) per cent of the gross receipts to pay for administrative costs associated with the Super Jackpot. Any such costs must be paid from the proceeds retained by the association. No part of the allowed administrative costs may be paid to the Operator or the association officers/directors.
- All other expenses of the Operator must not be paid by the licensee.
- Licensees Not Using the Services of an Operator of a Bingo Hall Registered under the Gaming Control Act, 1992.
Allowable expenses incurred in the conduct of the Super Jackpot must include only those that are necessary and reasonable, as approved on the application for licence. These may include, but are not limited to, licence fee, advertising and promotion, Super Jackpot bingo paper and taxes.
8.7 Honorariums to bona fide members and advertising costs must be paid only from the gross receipts derived from the conduct of the Regular Bingo event in accordance with the limits prescribed in the Regular and Special Bingo Licence Terms and Conditions.