Totalizator (Off-course Betting) Act 1964 Totalizator (Off-course Betting) Distribution of Commission Race-meetings and Other Events Order 1996 (1996-543) [GG No 122 of 1.11.1996] (NSW)
1996—No. 543
TOTALIZATOR (OFF-COURSE BETTING) ACT 1964—ORDER
NEW SOUTH WALES
[Published in Gazette No. 122 of I November 1996]
(L.S.) G. SAMUELS, Governor.
I, the Honourable Gordon Samuels AC, Governor of the State of New South Wales, with the advice of the Executive Council, and on the recommendation of the Treasurer, and in pursuance of section 13C of the Totalizator (Off-course Betting) Act 1964, make the Order set forth in the Schedule.
Signed at Sydney, this 30th day of October 1996.
By His Excellency’s Command,
J. RICHARD FACE, M.P.,
Minister for Gaming and Racing.
SCHEDULE
Name of order
1. This Order is the Totalizator (Off-course Betting) Distribution of
Commission—Race-meetings and Other Events Order 1996.
Commencement
2. This Order commences on 1st November 1996.
Definition
3. In this Order:
“the Act” means the Totalizator (Off-course Betting) Act 1964.
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Notes
4. Notes in the text of this Order do not form part of this Order.
Distribution of Commission (race-meetings)
5. In the case of money placed in a totalizator conducted by the Board in respect of any event or contingency in accordance with section 12 (3) of the Act, the proportion of the relevant percentage of the balance referred to in section 13A (1) (b) (i) of the Act that the Board:
(a)
must pay as commission to the Minister, to be credited to the Consolidated Fund, is the proportion specified in item 1 of the Table to this clause for each type of totalizator specified in respect of that item; and
(b)
must pay as commission to the Minister in respect of a doubles or multiple selection totalizator, to be separately credited to the Consolidated Fund for the purposes of section 13D of the Act, is the proportion specified in item 2 of that Table for the totalizator concerned; and
(c)
must pay as commission to the Minister in respect of a superfecta totalizator, to be separately credited to the Consolidated Fund for the purposes of section 13E of the Act, is the proportion specified in item 3 of that Table for that totalizator; and
(d)
may retain as commission is the proportion specified in item 4 of that Table for each type of totalizator specified in respect of that item.
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Distribution of cornmission (events other than race-meetings)
6. In the case of money placed in a totalizator conducted by the Board in respect of any event or contingency in accordance with section 12A of the Act, the proportion of the remainder of the balance referred to in section 13B ( l ) (b) (ii) of the Act that the Board:
(a)
must pay as commission to the Minister, to be credited to the Consolidated Fund, is 10%; and
(b) may retain as commission is 15%.
Note:
An amount equal to the proportion credited to the Minister under clause 6 (a) is to be paid into the Sport and Recreation Fund (see section 13B (5) of the Act).
EXPLANATORY NOTE
The object of this Order is to specify the manner in which commission, payable on totalizators conducted by the Totalizator Agency Board in respect of race-meetings and other events (e.g. football games), is to be distributed.
This Order is made under section 13C of the Act.
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