2011 Code of Virginia
Title 18.2 CRIMES AND OFFENSES GENERALLY.
Chapter 8 Crimes Involving Morals and Decency (18.2-325 thru 18.2-403.4)
18.2-340.31 Audit of reports; exemption; audit and administration fee
18.2-340.31. Audit of reports; exemption; audit and administration fee.
A. All reports filed pursuant to 18.2-340.30 shall be subject to audit by the Department in accordance with Board regulations. The Department may engage the services of independent certified public accountants to perform any audits deemed necessary to fulfill the Department's responsibilities under this article.
B. The Department shall prescribe a reasonable audit and administration fee to be paid by any organization conducting charitable gaming under a permit issued by the Department unless the organization is exempt from such fee pursuant to 18.2-340.23. Such fee shall not exceed one and one-quarter percent of the gross receipts which an organization reports pursuant to 18.2-340.30. The audit and administration fee shall accompany each report for each calendar quarter.
C. The audit and administration fee shall be payable to the Treasurer of Virginia. All such fees received by the Treasurer of Virginia shall be separately accounted for and shall be used only by the Department for the purposes of auditing and regulating charitable gaming.
(1995, c. 837; 1997, cc. 777, 838; 2003, c. 884; 2006, c. 644.)
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