Victorian Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

GAMBLING REGULATION AMENDMENT ACT 2009 (NO. 43 OF 2009) - SECT 5

Gaming machine entitlements that are transferred before the specified date

    (1)     In section 3.4A.18(2) of the Principal Act, for
"50% of the prescribed profit earned" substitute "75% of the prescribed profit obtained".

    (2)     After section 3.4A.18(3) of the Principal Act insert

    "(4)     In this section—

"financial benefit" means anything of economic or market value and includes—

        (a)     property and services;

        (b)     any benefit specified in the regulations to be a financial benefit;

"profit" includes the value of a financial benefit.".



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback