Organizations that are permitted to accept American currency must also maintain a separate trust account for lottery proceeds in American dollars.

The Terms and Conditions for each type of lottery event set out specific accounting requirements for journals, monthly summaries and bank reconciliation. 

For more information about Trust Accounts, please refer to the Lottery Licensing Policy Manual or to the Registrar’s Standards – Financial Management and Administration for Bingo Halls where Proceeds are Pooled. 

Consolidated Designated Trust Accounts (CDTA) back

A Hall Charities Association representing licensees conducting Charitable Gaming Events in a bingo hall where proceeds are pooled are required to have a Canadian dollar Consolidated Designated Trust Account.  Lottery proceeds raised from all charitable gaming events conducted must be deposited into this account. 

Organizations that are permitted to accept American currency must also maintain a separate Consolidated Designated Trust Account for lottery proceeds in American dollars.

Member organizations of a Hall Charities Association are required to have Designated Lottery Trust Accounts.  

The Registrar’s Standards – Financial Management and Administration for Bingo Halls where Proceeds are Pooled set out specific accounting requirements for books, records, journals, ledgers, monthly summaries and bank reconciliations. 

For more information about Trust Accounts, please refer to the Lottery Licensing Policy Manual or to the Registrar’s Standards – Financial Management and Administration for Bingo Halls where Proceeds are Pooled.