Victorian Current Acts Victorian Current Acts(1) A licensed provider must, in respect of each month, pay to the Commission to be paid into the Consolidated Fund—
(a) the prescribed percentage; or
(b) if no percentage is prescribed, 40·91%—
of the provider's gaming revenue in respect of that month.
(2) A payment under subsection (1) in respect of a month must be made not later than the 7th day of the following month.
(3) If, in respect of a month, the amount of the sum of—
(a) all prizes paid from the total amount wagered on interactive games conducted by the licensed provider in that month except prizes paid from a jackpot special prize pool; and
(b) all amounts determined under the rules of the interactive games for payment, in respect of the total amount wagered on interactive games conducted by the licensed provider in that month, to a jackpot special prize pool—
exceeds the total of the amount wagered on interactive games conducted by the licensed provider during that month, the amount of the excess may be applied to reduce the amount of gaming revenue that is payable for the next or a subsequent month for the purposes of determining the amount under subsection (1).
(4) In this section—
"gaming revenue", in relation to a month, means the total amount wagered on interactive games conducted by the licensed provider during that month less—
(a) the sum of all prizes paid from that total amount (other than prizes paid from a jackpot special prize pool); and
(b) the sum of amounts determined under the rules of the interactive games for payment in respect of that total amount wagered to a jackpot special prize pool;
"jackpot" means winnings payable from money that accumulates as contributions are made to a special prize pool.