Racing Taxation (Betting Tax) Act 1939 (NSW)

KACING TAXATION' (BETTING

TAX) ACT.

Act No. 23, 1939.

Nô 23*m9 impose certain taxes in respect of book­ makers ; and for purposes connected there­ with. [Assented to. 1st November, l')39.]

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it enacted by the King's Most Excellent Maje.sty, by and with the advice and consent of the Legis­

lative Council and Legislative Assembly of New South Wales in Parliament assembled, and by the authority of the same, as follows ;—-

Short title, !• (1) This Act may be Cited as the “ Pacing Taxation

construction (Betting Tax) Act, 1939.”

and com- _

mencement.

(2) This Act shall be read and construed with

Part I V a of the Bookmakers (Taxation) Act, 1917-1939.

(3) This Act shall commence upon a day to be

appointed by the Governor and notified by proclamation

published in the Gazette.

Imposition

2 . There shall be charged, levied, collected, and ]>aid, subject to the provisions of Part I V a of the Bookmakers (Taxation) Act, 1917-1939, and the regulations made thereunder, for the use of His Majesty and for credit of the Consolidated Eevenue Fund, in lien of tlie tax iniiiosed by Part II of the Racing Taxation Act, 1937, a tax at tlie rate of one-half of one per centum of the total amount of

of tax.

the

Greater Newcastle (Amendment) Act. 337

the bets made by backers witli any bookmaker whether before or after the commencement of this Act, upon any event or contingency of or relating to a horse-race or to greyhound-racing as defined in the Gaming and Betting Act, 1912-1938, determined after the commencement of tliis Act.