Gaming and Betting (Poker Machines) Taxation Amendment Act 1968 (NSW)

GAMING AND BETTING (POKER MACHINES)

TAXATION AMENDMENT ACT.

A N N O S E P T I M O D E C I M O

ELIZABETHS II BEGINS

Act No. 22, 1968.

An Act to make further provisions with respect to the license tax and supplementary license tax upon clubs licensed under Part I IIA of the Gaming and Betting Act, 1912, as subsequently amended; to validate certain matters; and for purposes connected therewith. [Assented to, 10th October, 1968.] B E

BE it enacted by the Queen's Most Excellent Majesty, by and with the advice and consent of the Legislative	Council and Legislative Assembly of New South Wales in
Parliament assembled, and by the authority of the same, as follows: —

1 . ( 1 ) This Act may be cited as the "Gaming and Betting

(Poker Machines) Taxation Amendment Act, 1968".

(2 ) The Gaming and Betting (Poker Machines) Taxation Act, 1956, as subsequently amended and as amended by this Act, may be cited as the Gaming and Betting (Poker Machines) Taxation Act, 1956-1968.

2. (1 ) The Gaming and Betting (Poker Machines) Taxation Act, 1956, as subsequently amended, is amended by inserting at the end of section three the following new sub- section : —

(4) This section shall apply to and in respect of a club first issued with a license under Part I I IA of the Gaming and Betting Act, 1912, as subsequently amended, before the commencement of the Gaming and Betting (Poker Machines) Taxation Amendment Act, 1966, and for the purposes of that application shall be read and construed as if—

(a)	the word "is" were omitted from subsection one and the word "was" were inserted in lieu thereof;
(b)	the word "does" were omitted from the same subsection and the word "did" were inserted in
lieu thereof;
(c)	there were inserted in the same subsection after the word "payable" the words "after the com­ mencement of the Gaming and Betting (Poker Machines) Taxation Amendment Act, 1966," ;
(d)	the word "has" were omitted from the same subsection and the word "had" were inserted in lieu thereof;

(e )

(e) the word "has" were omitted from subsection two wherever occurring and the word "had" were inserted in lieu thereof.

This subsection shall be deemed to have commenced on the thirteenth day of April, one thousand nine hundred and sixty-six.

3 . The Gaming and Betting (Poker Machines) Taxation

Act, 1956, as subsequently amended, is further amended—

(a) by omitting subparagraph (ii) of paragraph (b) of the definition of "net revenue from poker machines" in subsection two of section six and by inserting in lieu thereof the following subpara­ graph :—

(ii)   the prescribed amount for the club for that taxing period.

(b) by inserting next after that definition the following new definition : —

"prescribed amount" in relation to a club and a

taxing period means—

(a) where payment of an amount of

license tax was made by the club during that taxing period on or before the fifth day after the due day for the payment thereof—the

amount of that payment;

(b) where payment of an amount of license tax was made by the club during that taxing period on any day after that fifth day that is, or is earlier than, the fourteenth day after the due day for the payment thereof —the amount of that payment, reduced by ten per centum and by a

further

further ten per centum for each day that elapsed after that fifth day and before the day on which that pay­ ment was made; or

(c) where no license tax was paid by the club during that taxing period on or before that fourteenth day—nil,

but, for the purposes of this definition, any amount credited or refundable to the club

under section 2A or 5A of this Act in respect

of any license tax shall be deemed not to be

an amount of license tax paid.

GOVERNMENT