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This is a Bill, not an Act. For current law, see the Acts databases.
Western Australia Racing and Wagering Western Australia Tax Amendment Bill 2006 CONTENTS 1. Short title 2 2. Commencement 2 3. The Act amended 2 4. Section 3 amended 2 5. Section 4 amended 3 168--1 page i Western Australia LEGISLATIVE ASSEMBLY Racing and Wagering Western Australia Tax Amendment Bill 2006 A Bill for An Act to amend the Racing and Wagering Western Australia Tax Act 2003. The Parliament of Western Australia enacts as follows: page 1 Racing and Wagering Western Australia Tax Amendment Bill 2006 s. 1 1. Short title This is the Racing and Wagering Western Australia Tax Amendment Act 2006. 2. Commencement 5 This Act comes into operation on the day on which the Racing and Wagering Legislation Amendment Act 2006 comes into operation. 3. The Act amended The amendments in this Act are to the Racing and Wagering 10 Western Australia Tax Act 2003*. [* Act No. 37 of 2003.] 4. Section 3 amended Section 3 is amended after the definition of "fixed odds wager" by inserting -- 15 " "gross revenue", in relation to off-course racing wagers, means the amount equal to A minus B, where -- (a) "A" is the amount of all moneys paid to 20 RWWA in respect of those wagers; and (b) "B" is the amount of all moneys paid by RWWA by way of winnings in respect of those wagers; "off-course racing wager" has the same meaning as in 25 the RWWA Act section 102; ". page 2 Racing and Wagering Western Australia Tax Amendment Bill 2006 s. 5 5. Section 4 amended (1) Section 4 is amended by deleting "The" and inserting instead -- " (1) Subject to subsection (2), the 5 ". (2) At the end of section 4 the following subsection is inserted -- " (2) The rate of tax imposed by this Act and payable under the RWWA Act in relation to off-course racing wagers 10 is 11.91% of the gross revenue received by RWWA in respect of those wagers. ".
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