Gaming Machine (Amendment) Act 1989 (ACT)
AUSTRALIAN CAPITAL TERRITORY
Gaming Machine (Amendment) Act 1989
No. 14 of 1989
An Act to amend the Gaming Machine Act 1987
The Legislative Assembly for the Australian Capital Territory enacts as follows:
Short title
1. This Act may be cited as the Gaming Machine (Amendment) Act 1989.
Principal Act
2. In this Act, “Principal Act” means the Gaming Machine Act 1987.1
Distribution of income from gaming machines
3. (1) Section 57 of the Principal Act is amended by omitting from subsection (4) the definition of “prescribed percentage” and substituting the following definition:
“ ‘prescribed percentage’, in relation to a licensee, means—
(a)if the licensee is a club, in respect of the part of the gross revenue for the relevant month—
(i)that does not exceed $12,500—12.5 per cent;
(ii)that exceeds $12,500 but does not exceed $83,333—15 per cent; or
(iii)that exceeds $83,333—16 per cent; and
(b)if the licensee is not a club—30 per cent.”.
(2) The amendment effected by this section commences on 1 October 1989.
NOTE
Ordinance No. 34, 1987 as amended by Nos. 25 and 26, 1988; Nos. 21 and 38, 1989.
© Australian Capital Territory 1989
0
0
0