New South Wales Consolidated Acts

PUBLIC LOTTERIES ACT 1996 - SECT 28

28 Payment of general duty

(1) Out of the subscriptions received by a licensee in respect of public lotteries conducted by the licensee, the licensee must pay to the Treasurer, as general duty, an amount equal to a requisite percentage of--

(a) the subscriptions for those public lotteries, or

(b) the player loss on those public lotteries,

as determined by the conditions of the licence.

(2) The requisite percentage is the percentage specified in the conditions of the licence.

(3) A licensee must, within 7 days after the day on which entries in respect of a public lottery close, or within such other period as the Treasurer may determine, pay to the Treasurer the general duty required by this section in respect of those public lotteries.

(4) In this section, a reference to subscriptions includes, if the conditions of the licence so require, a reference to commission payable in respect of those subscriptions.