Wagering Amendment Regulation (No. 1) 1999 (Qld)

Queensland Subordinate Legislation 1999 No. 211 Wagering Act 1998 WAGERING AMENDMENT REGULATION (No. 1) 1999 TABLE OF PROVISIONS Section Page 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 Regulation amended . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Replacement of s 5 (Calculating commission—Act, s 163) . . . . . . . . . . . . 2 5 Calculating commission—Act, s 163 . . . . . . . . . . . . . . . . . . . . . . . . . 2 4 Amendment of s 11 (Places of operation for wagering agents—Act, s 205) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

s1 2 s3 Wagering Amendment (No. 1) No. 211, 1999 ˙ Short title 1. This regulation may be cited as the Wagering Amendment Regulation (No. 1) 1999 . ˙ Regulation amended 2. This regulation amends the Wagering Regulation 1999 . ˙ Replacement of s 5 (Calculating commission—Act, s 163) 3. Section 5— omit, insert — ˙ ‘ Calculating commission—Act, s 163 ‘ 5.(1) For section 163(1) 1 of the Act, the amount, for an authority operator, is calculated as follows— (a) if the authority operator is the Golden Casket Lottery Corporation Limited ACN 078 785 449 and the totalisator is conducted for the game ‘Sports Tipping’—50% of the total amount invested in the totalisator; (b) otherwise, using the formula— I 4 where— “I” means the total amount invested in each totalisator conducted by the authority operator on 1 or more events or contingencies. ‘ (2) For section 163(2) of the Act, the amount, for an authority operator for a financial year, is calculated as follows— (a) if the authority operator is the Golden Casket Lottery Corporation Limited ACN 078 785 449 and the totalisators are conducted for the game ‘Sports Tipping’—50% of the total amount invested in the year in the totalisators; 1 Section 163 (Commission) of the Act

s4 3 s4 Wagering Amendment (No. 1) No. 211, 1999 (b) otherwise, using the formula— 4 H Y 25 where— “Y” means the total amount invested in the year in totalisators conducted by the authority operator on events or contingencies.’. ˙ Amendment of s 11 (Places of operation for wagering agents—Act, s 205) 4. Section 11(b)(i), after ‘premises’— insert — ‘or other commercial premises’. ENDNOTES 1. Made by the Governor in Council on 9 September 1999. 2. Notified in the gazette on 10 September 1999. 3. Laid before the Legislative Assembly on . . . 4. The administering agency is the Treasury Department. © State of Queensland 1999