Queensland Consolidated Regulations

LOTTERIES REGULATION 2007 - REG 8

8 Returns for calculation of lottery tax—Act, s 96

(1) This section prescribes, for section 96 (1) of the Act , the requirements for returns.

(2) A return must be given for each month.

(3) A return must be given on or before the seventh day of the month immediately following the month to which the return relates.

(4) A return must state the following details for each classified lottery for the month to which the return relates—

(a) the total amount paid for tickets for all drawings of the lottery;

(b) the total amount set aside from the amount mentioned in paragraph (a) for payment of prizes;

(c) the lottery operator’s monthly gross revenue.

(5) Also, for a classified lottery that is a declared lottery, a return must state the total amount of selling fees for tickets in the lottery for the month to which the return relates.

(6) In addition, a return must state the lottery operator’s global GST amount for the month to which the return relates.