Australian Capital Territory Repealed Acts Australian Capital Territory Repealed ActsThis legislation has been repealed.
(1) There is payable to the Territory in respect of a standing licence a determined fee calculated by reference to the bookmaker's turnover.
(2) The fee imposed under subsection (1) in relation to a bookmaker's turnover for a quarter is due on the 28th day of the following named month.
(3) If records necessary to assess a bookmaker's turnover for a period are destroyed or otherwise unavailable, the registrar may determine the bookmaker's turnover, having regard to the turnover of the bookmaker arising from any race meetings similar to those for which the records are not available that were held in the previous 6 months.
(4) In this section:
"quarter" means a period of 3 months beginning on 1 January, 1 April, 1 July or 1 October of any year.
"turnover"—a bookmaker's turnover for a period is the amount of money paid or promised to the bookmaker as consideration for bets that are completed during the period.