South Australian Numbered Acts

STATUTES AMENDMENT (BUDGET 2016) ACT 2016 (NO 57 OF 2016) - SECT 59

59—Transitional provision

        (1)         In this section—

"principal Act" means the Authorised Betting Operations Act 2000

.

        (2)         Despite the amendments to the principal Act enacted by this Part, until the prescribed day the duty agreement in force under the principal Act immediately before the commencement of sections 14

and 30

continues in force and continues to bind the parties to the agreement (the "parties") as if those sections had not been enacted (subject to any supplementary agreement entered into under subsection (3)

and any transitional regulations made in accordance with section 91(4) of the principal Act as amended by this Act).

        (3)         The parties may enter into a supplementary agreement or vary the terms of the duty agreement for the purpose of transitioning from the arrangements applicable under the duty agreement to the taxation arrangements prescribed under the principal Act as amended by this Act.

        (4)         For the avoidance of doubt, the requirements relating to the duty agreement under section 15 of the principal Act as in force immediately before the commencement of section 15

of this Act do not apply to any agreement or variation of an agreement under subsection (3)

.

        (5)         In this clause—

"prescribed day" means a day fixed by agreement between the parties as the day on which the duty agreement will terminate.