Victorian Current Acts

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GAMBLING REGULATION ACT 2003 - SECT 4.6.4

Commissions—approved betting competitions

S. 4.6.4(1) repealed by No. 28/2022 s. 90(2).

    *     *     *     *     *

S. 4.6.4(2) inserted by No. 40/2008 s. 11(1), amended by No. 13/2023 s. 64.

    (2)     A wagering and betting licensee may deduct or cause to be deducted, as commission out of the total amount invested in each totalisator conducted by the licensee on an approved betting competition, an amount not exceeding 25% of the amount so invested.

S. 4.6.5 (Heading) amended by No. 28/2022 s. 91(1).


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