Australian Capital Territory Repealed Acts

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This legislation has been repealed.

CASINO CONTROL ACT 1988 (REPEALED) - SECT 15

Casino licence fee

    (1)     The Minister may, in writing, determine a casino licence fee for this Act.    

    (2)     The casino licence fee is payable to the commission by the casino licensee at the times and in the way that is specified in the relevant determination under subsection (1).

    (3)     Determinations under subsection (1) shall not be made at intervals of less than 12 months.

    (4)     A daily penalty at the rate of 20% per annum is payable by the casino licensee on any principal amount of the casino licence fee that remains unpaid after the 14th day after the relevant time for payment of the fee.

    (5)     The daily penalty payable under subsection (4) compounds at
3-monthly intervals.

    (6)     The commission may, for any reason the commission thinks fit, remit any part, or the whole, of the daily penalty payable under this section.

    (7)     The casino licence fee and daily penalty payable under this section are debts due to the commission and may be recovered by action in any court of competent jurisdiction.

    (8)     A determination under subsection (1) is a notifiable instrument.

Note      A notifiable instrument must be notified under the Legislation Act 2001 .



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