EXPLANATORY STATEMENT
Issued by the Authority of the Minister for Local Government, Territories and Roads
Subject- Lotteries Commission Act 1990 (WA)(CI)
Player Loss Determination [Section 24A]
The purpose of the Determination is to ensure that if a designated authority conducts a lottery in the Territory of Christmas Island it must pay to the Commonwealth a levy of an amount equal to the percentage of player loss set out in the determination.
The Lotteries Commission Amendment Ordinance 2005 (No ) inserts a new formula for the calculation of the levy payable to the Commonwealth by the designated authority that conducts lotteries in the Territory based on a percentage of player loss. A designated authority is a body authorised by the Commonwealth to conduct lotteries in the Territory. Tattersall’s Sweeps Pty Ltd and Footy Consortium Pty Ltd are designated authorities under the Lotteries Commission (Designated Authorities) Regulations 1998 (WA)(CI).
The definition of "player loss" is based on section 5.4.3(5) of the Victorian Gambling Regulation Act 2003 ("the Victorian Act"). In effect "player loss" is equivalent to the total subscriptions of participants in the lottery minus the return to those participants through prizes.
The determination makes no changes to the actual amount of levy currently being received by the Commonwealth, which the Victorian Government collects on behalf of the Commonwealth.
This determination commences on the same day that the Lotteries Commission Amendment Ordinance 2005 (No ).
The Determination sets out the percentages of “player loss” for the various games conducted by the designated authorities.