Victorian Numbered Acts Victorian Numbered Acts(1) At the end of section 4.6.8 of the Principal Act insert —
"(2) An amount or amounts equal to the premium payment for the wagering and betting licence or the extension of the wagering and betting licence paid under section 4.3A.13 must be paid out of the Consolidated Fund (which is appropriated to the necessary extent), at the time or times determined by the Treasurer, into the Hospitals and Charities Fund.".
(2) After section 4.6.9(1) of the Principal Act insert —
"(1A) On or before the last day of each month (the payment month ), the wagering and betting licensee must pay to the Treasurer an amount equal to the sum of all refunds, dividends and prizes that have remained unclaimed for not less than 6 months on the first day of that payment month less the expenses of the wagering and betting licensee reasonably incurred in searching for the persons entitled to those refunds, dividends or prizes.".
(3) In section 4.6.9(2) of the Principal Act, after "subsection (1)" insert "or (1A)".