Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Actsinsert
162A Gaming machine tax rebate—financial year
(1) A licensee is entitled to a rebate of gaming machine tax (a GMT rebate ) for a financial year if the licensee is a small or medium club, or is part of a small or medium club group, for the year.
(2) The amount of the GMT rebate for the licensee is 50% of the licensee's gaming machine tax liability under section 159 for the financial year.
(3) The GMT rebate applies to reduce the amount of the licensee's gaming machine tax liability for the financial year.
162B Gaming machine tax rebate—part financial year
(1) This section applies to a licensee if the licensee was part of a club group (other than a small or medium club group) for part of a financial year only.
(2) The licensee is only entitled to a GMT rebate for the part of the financial year that the licensee was not part of the club group.
(3) The amount of the GMT rebate for the licensee is 50% of the licensee's gaming machine tax liability under section 159 for the part of the year for which the licensee is entitled to the rebate.
(4) The GMT rebate applies to reduce the amount of the licensee's gaming machine tax liability for the part of the financial year for which the licensee is entitled to the rebate.
162C Gaming machine tax rebate—claim
(1) A licensee that expects to be a small or medium club or part of a small or medium club group for a financial year may claim a GMT rebate during the year.
(2) The claim must—
(a) be in writing signed by the licensee; and
(b) include particulars showing the licensee's expected gross revenue for the financial year.
Note If a form is approved under the Control Act
, s 53D for a claim, the form must be used.
(3) If the commission is not satisfied on reasonable grounds that the licensee is or will be a small or medium club, or is or will be part of a small or medium club group, for the year, the commission must give the licensee written notice that the licensee's claim is not accepted.
162D Annual adjustment of gaming machine tax—GMT rebate
(1) At the end of each financial year for a licensee that is a club, the commission must assess the licensee's liability for gaming machine tax for the financial year, adjusted for—
(a) any GMT rebate the licensee is entitled to for the financial year or part of the year; and
(b) any amount of GMT rebate that the licensee has claimed during the financial year.
(2) The commission must give the licensee written notice of the assessment, setting out—
(a) the amount of the licensee's liability (including any adjustments); and
(b) the day by which any unpaid gaming machine tax is payable.
Note 1 For how documents may be given, see the Legislation Act
, pt 19.5.
Note 2 Under the Control Act
, s 48 the provisions of the Taxation Administration Act 1999
(other than pt 9) apply, with modifications, to gaming laws (including this Act). For the provisions relating to refunds of tax, see the Taxation Administration Act 1999
, pt 4. For the provisions relating to penalties that may be applied following a tax default, see the Taxation Administration Act 1999
, pt 5.