11 Va. Admin. Code § 5-31-150

Current through Register Vol. 41, No. 6, November 4, 2024

Section 11VAC5-31-150 - Licensed retailers' compensation

A. A licensed retailer shall receive up to 5.0% compensation based on his net ticket sales and up to 1.0% of the cash value of all prizes which the retailer paid.

B. Except as provided pursuant to the State Lottery Law (§ 58.1-4000 et seq. of the Code of Virginia), the board shall approve any bonus or incentive system for payment to retailers. The director may then award such cash bonuses or other incentives to retailers.

C. Retailers may not accept any compensation for the sale of lottery tickets other than compensation approved under this section, regardless of the source.

D. Nothing in this regulation shall be inconsistent with §§ 58.1-4006D and 58.1-4007A 11 of the Code of Virginia.

11 Va. Admin. Code § 5-31-150

Derived from Virginia Register Volume 19, Issue 15, eff. May 7, 2003; amended, Virginia Register Volume 28, Issue 26, eff. September 26, 2012.

Statutory Authority

§ 58.1-4007 of the Code of Virginia.