Finance (Bookmakers' Taxation) Act 1932 (NSW)

FINANCE (BOOKMAKERS' TAXA­

TION) ACT.

Act No. 21, 1932.

An Act to impose a further tax upon the opera­ tions of bookmakers. [Assented to, 26th September, 1932.]

BE it enacted by the King 's Most Excellent Majesty, lative Council and Legislative Assembly of New South b y and with t he advice and consent of the Legis­	Wales in Par l iament assembled, and by the author i ty of
the same, as follows :—

1 .	(1) This Act may be cited as the " F i n a n c e	(Book­
m a k e r s ' Taxa t ion)	Act, 1932," and shall be read	wi th

the Bookmakers (Taxat ion) Act, 1917-1932.
(2) This Act shall commence on the first day of October, one thousand nine hundred and thi r ty- two.

2 . There shall be levied, charged, collected, and paid subject to the provis ions of P a r t I I I of the Bookmaker s ' (Taxa t ion) Act, 1917-1932, and the regula t ions made thereunder , for the use of His Majesty and for credit of the Consolidated Revenue Fund, a t ax a t the r a t e of one p e r centum of the total amount of the bets made by hackers with any bookmaker whether before or after the commencement of th is Act, upon any event or contingency of or re la t ing to a horse race or to greyhound-rac ing as defined in the Gaming and Bet t ing Act, 1912-1931, deter­ mined af ter the commencement of this Act. P R E V E N T I O N