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Lotto targets rural recipients

New funding regulations for the National Lottery Distribution Trust Fund (NLDTF), published by Trade and Industry Minister Rob Davies, came into effect on 30 July 2010. The regulations prescribe that 50% of monies be used for specific priority areas and the focus will be on the developmental needs of rural, poor and under-privileged communities.

Apart from the charities sector, the arts, culture and national heritage sector will ensure that projects on traditional knowledge and culture will be targeted, as well as the development and preservation of heritage sites and the promotion of arts and craft produced by groups of disabled people and women.

Good news for sports enthusiasts

Sports enthusiasts can look forward to the development of sport and recreation facilities in rural areas to assist with talent identification and greater accessibility to sporting facilities for the disabled when the sport and recreation sector call for applications goes out this week.

The regulations aim to facilitate access for first-time applicants among smaller non-governmental and community-based organisations. While the regulations do away with the requirement for first time applicants to produce audited financial statements, these applicants must still submit financial statements drawn up by an independent, registered accounting officer. Previous beneficiaries of lottery funding are required to submit their most recent set of audited financial statements.

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