Racing Bets Levy Amendment Regulations 2018 (WA)

2512 GOVERNMENT GAZETTE, WA G July 2018

RACING, GAMING AND LIQUOR

It.‘301

Racing Bets Levy Act 2009

Racing Bets Levy Amendment Regulations 2018

These regulations amend the Racing Bets Levy
Regulations 2009.

Made by the Governor in Executive Council.

1.       Citation

These regulations are the Racing Bets Levy Amendment
Regulations 2018.

2.     Commencement

These regulations come into operation as follows —

(a) regulations 1 and 2 — on the day on which these

regulations are published in the Gazette;

(b) the rest of the regulations — on the day after that day.

3.      Regulations amended

6 July 2018 GOVERNMENT GAZETTE, WA 2543

4.      Regulation 3 amended

In regulation 3 in the definition ofpremiu in race meeting delete paragraph (b) and insert:

(b) in the case of a harness race meeting —

(i)if the meeting occurs before

1 August 2018 — $50 000; or

(ii) if the meeting occurs on or after

1 August 2018 — $30 000;

5. Regulation 5 amended
In regulation 5(1) after "1 October 2014" insert:

but before 1 August 2018

Note The heading to amended regulation 5 is to read

Levy amount: bets placed or accepted on or after 1 October 2014 but before 1 August 2018

6. Regulation 6 inserted
After regulation 5 insert:

6.	Levy amount: bets placed or accepted on or after 1 August 2018
(1)	The amount by way of levy to be paid under the
Betting Control Act 1954 section 14A(2) by a betting operator in respect of racing bets placed or accepted on a race meeting occurring on or after 1 August 2018 is set out in this regulation.
(2)	The amount is 1% of turnover for each month

beginning with August 2018 unless subregulation (3)

or (6) applies.

(3) If turnover (calculated from the beginning of the racing
year) reaches $3 000 000, the amount is as follows —

(a)	in the case of pari-mutuel bets placed or
accepted on premium race meetings — 2.5% of turnover for each month, or part of a month, after turnover reaches $3 000 000;
(b)	in the case of pari-mutuel bets placed or
accepted on standard race meetings —2% of turnover for each month, or part of a month, after turnover reaches $3 000 000;
(c)	in the case of betting exchange bets placed or
accepted on premium race meetings — 2.5% of turnover for each month, or part of a month, after turnover reaches $3 000 000;

2544 GOVERNMENT GAZETTE, WA 6 July 2018

(d)	in the case of betting exchange bets placed or accepted on standard race meetings - 1.5% of turnover for each month, or part of a month, after turnover reaches $3 000 000;
(e)	placed or accepted on premium race meetings - for each month, or part of a month,

in the case of non-exchange fixed odds bets aggregate of the race meeting amounts calculated under subregulation (4), for the betting operator, in respect of premium race meetings occurring in the month or the part of the month;

(f) placed or accepted on standard race
meetings - for each month, or part of a month,

in the case of non-exchange fixed odds bets aggregate of the race meeting amounts calculated under subregulation (5), for the betting operator, in respect of standard race meetings occurring in the month or the part of the month.

(4) For the purposes of subregulation (3)(e), the race
meeting amount for a betting operator in respect of a
premium race meeting is the greater of the following
amounts -

(a)	22.7% of the betting operator's gross revenue in relation to non-exchange fixed odds bets placed or accepted on the race meeting;
(b)	2.5% of the betting operator's turnover in relation to non-exchange fixed odds bets placed or accepted on the race meeting.

(5)	meeting amount for a betting operator in respect of a For the purposes of subregulation (3)(f), the race
standard race meeting is the greater of the following amounts -

(a)	13.6% of the betting operator's gross revenue in relation to non-exchange fixed odds bets placed or accepted on the race meeting;
(b)	2% of the betting operator's turnover in relation to non-exchange fixed odds bets placed or accepted on the race meeting.

(6) No amount is payable for any month during which
turnover does not reach $1000.

N. HAGLEY, Clerk of the Executive Council.