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NameMinimum registered capital requirement for selling agents
DescriptionThe selling agents must have capital to pay a lump sum lottery fee, transportation fee, contractual security deposit of 1.5% of the total amount of distribution, guarantee of winning prize of 10% of the winning prize per time in a form of cash or bank guarantee.
Comments-
Validity From17-06-2009
Validity To31-12-9999
ReferenceItem V
StatusActive
Measure TypeMinimum capital requirements
Agency NameMinistry of Finance
Legal DocumentInstruction of the Minister of Finance on Management of Lottery Business No. 1332, dated 17 June 2009
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