99 Mandatory conditions of lottery operating licence

99  Mandatory conditions of lottery operating licence

(1)     In issuing a lottery operating licence to a non-commercial society or to a local authority the Commission shall attach conditions under section 75 or 77 for the purpose of achieving the requirements specified in this section.

(2)     The first requirement is that at least 20% of the proceeds of any lottery promoted in reliance on the licence are applied—

(a)     in the case of a licence issued to a non-commercial society, to a purpose for which the promoting society is conducted, and

(b)     in the case of a licence issued to a local authority, for a purpose for which the authority has power to incur expenditure.

(3)     The second requirement is that—

(a)     the proceeds of any lottery promoted in reliance on the licence may not exceed [£5,000,000], and

(b)     the aggregate of the proceeds of lotteries promoted wholly

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