Western Australian Current Acts

RACING AND WAGERING WESTERN AUSTRALIA ACT 2003 - SECT 107B

107B .         Allocation and distribution of proportion of funds from betting tax

        (1)         Each month the Treasurer must pay to RWWA an amount equal to 30% of the amount of betting tax imposed by the Betting Tax Act 2018 section 4 that was credited to the Consolidated Account in the previous month.

        (2)         Payments under subsection (1) must be —

            (a)         charged to the Consolidated Account which is appropriated accordingly; and

            (b)         credited to an account (the betting tax account ) maintained under section 88 for the sole purpose of dealing with those payments under this section.

        (3)         The funds in the betting tax account must be paid or credited by RWWA, in such amounts as it determines, to —

            (a)         thoroughbred racing clubs registered with RWWA; and

            (b)         harness racing clubs registered with RWWA; and

            (c)         greyhound racing clubs registered with RWWA.

        [Section 107B inserted: No. 37 of 2018 s. 40.]

[ 107.         Deleted: No. 37 of 2018 s. 73.]