Racing Bets Levy Amendment Regulations 2021 (WA)

9 April 2021 GOVERNMENT GAZETTE, WA 1349

RACING, GAMING AND LIQUOR

RA301

Racing Bets Levy Act 2009

Racing Bets Levy Amendment Regulations 2021

SL 2021/39

Made by the Lieutenant-Governor and deputy of the Governor in
Executive Council.

1.            Citation

These regulations are the Racing Bets Levy Amendment

Regulations 2021.

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 1 May 2021.

1350 GOVERNMENT GAZETTE, WA 9 April 2021

3.             Regulations amended

These regulations amend the Racing Bets Levy

Regulations 2009.

4.             Regulation 6 amended

Before regulation 6(1) insert:

(1A) This regulation does not apply in respect of betting exchange bets placed or accepted on a race meeting occurring on or after 1 May 2021.

Note: The heading to amended regulation 6 is to read:

Levy amount: bets (other than certain betting exchange bets) placed or accepted on or after 1 August 2018

5.             Regulation 7 inserted

After regulation 6 insert:

Levy amount: betting exchange bets placed or accepted on or after 1 May 2021

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 betting exchange bets placed or
accepted on a race meeting occurring on or after
1 May 2021 is set out in this regulation.

The amount is 1% of turnover for each month beginning with May 2021 unless subregulation (3) or (4) applies.

If turnover (calculated from the beginning of the racing year) reaches $3 000 000, the amount is 31.8% of gross

revenue for each month, or part of a month, after

turnover reaches $3 000 000.

(4) No amount is payable for any month during which

turnover does not reach $1 000.

N. HAGLEY, Clerk of the Executive Council.