New South Wales Consolidated Acts

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NEW SOUTH WALES LOTTERIES CORPORATISATION ACT 1996 - SECT 6

Objectives of New South Wales Lotteries Corporation

6 Objectives of New South Wales Lotteries Corporation

(1) The principal objectives of New South Wales Lotteries Corporation are:
(a) to successfully develop, promote, conduct and otherwise participate in any lawful forms of gambling and gambling-related activities, and
(b) to be a successful business and, to this end:
(i) to operate at least as efficiently as any comparable businesses, and
(ii) to maximise the net worth of the State’s investment in the Corporation, and
(iii) without limiting this paragraph or paragraph (a), to be a successful participant (whether directly or indirectly) in any other business or activity that the Corporation determines is or may be of sound commercial benefit to the Corporation, and
(c) to exhibit a sense of social responsibility by having regard to the interests of the community in which it operates and by endeavouring to accommodate these interests if it is possible to do so.
(2) Each of the principal objectives of New South Wales Lotteries Corporation is of equal importance.



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