Victorian Current Acts Victorian Current Acts(1) A registered wagering and betting entity that ceases to incur any liability to pay wagering and betting tax and does not expect to incur any such liability in the future must, within 14 days after so ceasing—
(a) give written notice of that fact to the Commissioner; and
(b) unless previously lodged—
(i) lodge a return for the final month in respect of which they are liable to pay wagering and betting tax under section 31; and
(ii) pay any wagering and betting tax to which the return relates.
(2) The notice cancels the registered wagering and betting entity's registration under this Division on the day on which it is received by the Commissioner.