Section Pari 1208.02 - Financial Report Requirements(a) Pursuant to RSA 287-D:22, I, a, the charitable organization shall submit a "Games of Chance Monthly Financial Report" (3/2015) to the commission within 15 days of the end of each month during which a game of chance was held.(b) When a charitable organization hires a game operator employer to conduct the games of chance on its behalf, but the organization choses to complete and submit its own financial reports, the game operator employer shall provide the charitable organization with the financial records necessary to complete the financial report within 5 business days of each game date.(c) If the charitable organization does not receive the financial information within 5 business days of each game date, as required by (b) above, the charitable organization shall immediately notify the commission in writing.(d) Net losses shall be reported as follows on the financial report: (1) The net losses from house-backed games may be offset against net income from house-backed games held on different game dates within the same reported month; and(2) The net loss from house-backed games shall not be offset against raked or tournament games.(e) Pursuant to RSA 287-D:22, II(c), when the charitable organization conducts its own games of chance, the organization shall include, with its financial report, the names and address of the members who participated in the games of chance.(f) Pursuant to RSA 287-D:22, I, the report required in (a) above shall be completed and submitted by either: (1) The treasurer of the charitable organization or a duly authorized officer, director or official who certifies such accounting under oath; or(2) The licensed primary game operator under contract to conduct games of chance on behalf of the charitable organization.(g) The functions of bookkeeper and duly authorized signer of checks shall not be performed by the same person.N.H. Admin. Code § Pari 1208.02
Derived From Volume XXXV Number 40, Filed October 8, 2015, Proposed by #10929, Effective 9/10/2015, Expires 9/10/2025.Amended by Volume XXXVI Number 45, Filed November 10, 2016, Proposed by #12019, Effective 10/27/2016, Expires 10/27/2026.