INTEGRATED REPORT  2017/18
List of Abbreviations/Acronyms
AA Accounting Authority
ACT The Lotteries Act (Act No. 57 of 1997) as amended
AFS Annual Financial Statements
AGSA Auditor-General South Africa
Board Board of Directors of the NLC
CATHSSETA Culture, Arts, Tourism, Hospitality, Sports, Sector Education and Training Authority
COMMISSIONER Commissioner of the NLC
DA Distributing Agency
GRAP Generally Recognised Accounting Practice
IPSAS International Public Sector Accounting Standards
MTEF Medium-Term Expenditure Framework
NGO Non-governmental Organisation
NPO Non-profit Organisation
NLB National Lotteries Board
NLC National Lotteries Commission
NLDTF National Lottery Distribution Trust Fund
PFMA Public Finance Management Act (Act No. 1 of 1999) as amended
RFP Request for Proposal
SCA Supreme Court of Appeal
SCM Supply Chain Management
the dti Department of Trade and Industry

THE SIX CAPITALS

             
  Financial     Intellectual
             
  Manufactured     Natural
             
  Human     Social and Relationship
 

STRATEGIC OBJECTIVES

 
       
© NLC 2018