2005

THE LEGISLATIVE ASSEMBLY

FOR THE AUSTRALIAN CAPITAL TERRITORY

(As presented)

(Minister for Racing and Gaming)

An Act to amend the Gaming Machine Act 2004

The Legislative Assembly for the Australian Capital Territory enacts as follows:

This Act is the Gaming Machine Amendment Act 2005 (No 2).

(1) This Act (other than section 6) commences on 1 July 2005.

Note The naming and commencement provisions automatically commence on the notification day (see Legislation Act, s 75 (1)).

(2) Section 6 commences on 1 July 2007.

This Act amends the Gaming Machine Act 2004.

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(2) The rate at which gaming machine tax is payable in relation to a month is the prescribed percentage for the month.

(3) In this section:

prescribed percentage, for a month, means—

(a) in relation to a licensee that is a club—

(i) for the part of the gross revenue of the club for the month that is less than $15 000—nil; and

(ii) for the part of the gross revenue of the club for the month that is $15 000 or more but less than $25 000—15%; and

(iii) for the part of the gross revenue of the club for the month that is $25 000 or more but less than $50 000—16%; and

(iv) for the part of the gross revenue of the club for the month that is $50 000 or more—18%; or

(b) in relation to a licensee that is a not a club—25.9%; or

(c) in any other case—100%.

(iii) for the part of the gross revenue of the club for the month that is $25 000 or more but less than $50 000—17%; and

(iv) for the part of the gross revenue of the club for the month that is $50 000 or more—21%; or

(5) This section applies in relation to a licensee’s liability for a global GST amount only if the liability was incurred before 1 July 2005.

(6) This section expires on 1 February 2006.

commission means the gambling and racing commission.

Presentation speech made in the Legislative Assembly on 2005.

Notified under the Legislation Act on 2005.

For the latest republication of amended laws, see www.legislation.act.gov.au.