Gaming and Betting (Poker Machines) Taxation Amendment Act 1970 (NSW)

GAMING AND BETTING (POKER MACHINES)

TAXATION AMENDMENT ACT.

ANNO UNDEVICESIMO

ELIZABETHS II REGIN^E

Act No. 32 ,1970 .

An Act to make further provisions with respect to the supplementary license tax and additional supple­ mentary license tax upon clubs licensed under Partll lA of the Gaming and Betting Act, 1912; for this purpose to amend the Gaming and Betting (Poker Machines) Taxation Act, 1956; and for purposes connected therewith. [Assented to, 8th April, 1970.] BE

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

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

(Poker Machines) Taxation Amendment Act, 1970".

2 .      The Gaming and Betting (Poker Machines) Taxation

Act, 1956, is amended—

(a)	(i)	by omitting from paragraph (a) of subsection four of section six the word "any" where firstly occurring and by inserting in lieu i thereof the words "the period of twelve months ending the thirtieth day of November, one thousand nine hundred and seventy, or any subsequent";
(ii)	by omitting from the same paragraph the words "ten thousand dollars" and by insert­ ing in lieu thereof the words "seventeen thousand dollars";
(b)	(i)	by omitting from paragraph (b) of the same subsection the word "any" where firstly
occurring and by inserting in lieu thereof the
words "the period of twelve months ending
the thirtieth day of November, one thousand nine hundred and seventy, or any subsequent";
(ii)	by omitting from the same paragraph the words "ten thousand dollars" wherever occurring and by inserting in lieu thereof the words "seventeen thousand dollars";

| (iii)

(iii)   by omitting from the same paragraph the words "twenty thousand dollars" and by inserting in lieu thereof the words "thirty-four thousand dollars";

(c) ( i) by omitting from paragraph (c) of the same subsection the word "any" where firstly occurring and by inserting in lieu thereof the words "the period of twelve months ending the thirtieth day of November, one thousand nine hundred and seventy, or any subsequent";

(ii)   by omitting from the same paragraph the words "twenty thousand dollars" and by inserting in lieu thereof the words "thirty-four thousand dollars";

(iii)   by omitting from the same paragraph the words "twenty thousand six hundred dollars" and by inserting in lieu thereof the words "thirty-five thousand dollars";

(iv)   by omitting from the same paragraph the words "two thousand five hundred dollars" and by inserting in lieu thereof the words "four thousand two hundred and fifty dollars";

(d)	(i) by omitting from paragraph (d) of the same
subsection the word "any" where firstly occur­
ring and by inserting in lieu thereof the words "the period of twelve months ending the thirtieth day of November, one thousand nine hundred and seventy, or any subsequent";

(ii)   by omitting from the same paragraph the words "twenty thousand six hundred dollars'' and by inserting in lieu thereof the words "thirty-five thousand dollars".

3. (1) The Gaming and Betting (Poker Machines) Taxation Act, 1956, is further amended by omitting the proviso to subsection one of section six and by inserting in lieu thereof the following proviso :—

Provided that, in respect of the period of twelve months ending the thirty-first day of May, one thousand nine hundred and seventy-one, or any subsequent period of twelve months ending the thirty-first day of May, there shall be so charged, levied, collected and paid an addi­ tional supplementary license tax at the rates specified in the Schedule hereto on the amount by which the total of the net revenues from poker machines so kept, used or operated by any such club during the taxing periods ending the thirtieth day of November and the thirty-first day of May in such period of twelve months exceeds one hundred thousand dollars.

SCHEDULE.

Where the total net revenues exceed $100,000 but do not exceed $200,000—at the rate of 2i% on the amount in excess of $100,000.

Where the total net revenues exceed $200,000 but do not exceed $500,000—at the rate of 2 1 % on $100,000 and 5% on the amount in excess of $200,000.

Where the total net revenues exceed $500,000—at the rate of 2i% on $100,000, 5% on $300,000 and 9% on the amount in excess of $500,000.

(2) The amendment made by subsection one of this

section shall commence upon the first day of June, one

thousand nine hundred and seventy.

4. (1 ) The Gaming and Betting (Poker Machines) Taxation Act, 1956, is further amended by omitting subsection three of section six.

(2)

(2 ) The amendment made by subsection one of this section shall be deemed to have commenced upon the tenth day of October, one thousand nine hundred and sixty-eight.

Nothing in this Act shall affect any liability, accrued before the commencement of any amendment made by this Act, of any club under the provisions of Part I IIA of the Gaming and Betting Act, 1912, as in force immediately before that commencement.

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P A R O L E