New South Wales Consolidated Acts

CASINO CONTROL ACT 1992 - SECT 119

119 Interest on overdue amounts

(1) Interest is payable by way of penalty on any amount of casino duty, casino supervisory levy or responsible gambling levy that is not paid by the due date.

(2) Interest begins to run from the date that the amount concerned becomes due.

(3) The rate of interest is as determined by the Treasurer from time to time.

(4) Any interest paid under this section is to be considered to have been paid as casino duty, casino supervisory levy or responsible gambling levy, as appropriate to the amount on which it is paid as interest.

(5) With the approval of the Treasurer given in a particular case, the Secretary may waive or refund payment of interest under this section as the Secretary thinks fit.

(6) If an amount required to be paid into the Responsible Gambling Fund under section 86A (Wagering by minors and excluded persons prohibited) or 90 (Unclaimed winnings) is not paid into the Fund by the date required for payment, interest is payable under this section as if the amount were responsible gambling levy not paid by the due date.