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CASINO CONTROL ACT 1982 - SECT 51
Casino tax
51 Casino tax
(1) A casino tax shall be paid to the chief executive each month in respect of
a casino licence.
(2) The casino tax shall be paid on or before the seventh
day of the month next following the month in respect of which it is payable.
(3) Subject to subsection (4) , the amount of the casino tax is to be as
follows, less the GST deduction for the month— (a) the total of— (i) the
percentage of the casino gross revenue for the month in question that applies
under the associated agreement; and
(ii) the relevant percentage of the
premium junket revenue for the month; or
(b) if the agreement provides that
an amount is to be payable in specified circumstances and the circumstances
have arisen—that amount.
(4) If the Governor in Council considers that a
percentage specified in the agreement should be varied, the Governor in
Council may, by regulation, determine a higher or lower percentage for the
purposes of subsection (3) (a) .
(4A) Subsections (4B) and (4C) apply if a
regulation made under subsection (4) determines a higher percentage for
subsection (3) (a) for an associated agreement for a casino licence.
(4B) The
regulation has effect despite— (a) the agreement; and
(b) the Act that
ratifies the agreement.
(4C) Despite any other Act or law, no compensation is
payable by the State to any person because of the operation of the regulation.
(4D) Subsection (4C) does not prevent the payment of compensation by the State
to the casino licensee, to the extent the State is expressly liable under the
agreement or another agreement entered into by the State and the licensee,
because of the operation of the regulation.
(4E) A regulation made under
subsection (4) may determine different percentages, for subsection (3) (a) ,
to be applied to different categories of casino gross revenue or premium
junket revenue for an associated agreement for a casino licence.
(5) A
regulation determining a higher or lower percentage for the purposes of
subsection (3) (a) takes effect— (a) if the regulation is notified on the
first day of the month—on that day; or
(b) in any other case—on the first
day of the next month.
(6) For subsection (3) (a) — (a) if the casino gross
revenue for a month is a negative amount, the amount worked out under
subsection (3) (a) (i) is a negative amount; and
(b) if the premium junket
revenue for a month is a negative amount, the amount worked out under
subsection (3) (a) (ii) is a negative amount.
(7) In this section—
"associated agreement" , for a casino licence, means the agreement mentioned
in section 19 under which the casino licence issues.
"GST deduction" , for a month, means the lesser of the following amounts—
(a) the global GST amount, calculated under the
A New Tax System (Goods and Services Tax) Act 1999 (Cwlth) , division 126 ,
for the month for the conduct of gaming under the casino licence;
(b) the
relevant amount mentioned in subsection (3) (a) or (b) .
"relevant percentage" , for premium junket revenue, for a casino licence,
means— (a) the percentage that applies under the associated agreement for
premium junket revenue; or
(b) if a percentage for premium junket revenue
does not apply under the associated agreement—the percentage that applies
under the associated agreement for casino gross revenue.
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