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This is a Bill, not an Act. For current law, see the Acts databases.
New South Wales
Totalizator Amendment Bill 2008
Contents
Page
1 Name of Act 2
2 Commencement 2
3 Amendment of Totalizator Act 1997 No 45 2
4 Repeal of Act 2
Schedule 1 Amendments 3
I certify that this public bill, which originated in the Legislative Assembly, has
finally passed the Legislative Council and the Legislative Assembly of New
South Wales.
Clerk of the Legislative Assembly.
Legislative Assembly,
Sydney, , 2008
New South Wales
Totalizator Amendment Bill 2008
Act No , 2008
An Act to amend the Totalizator Act 1997 with respect to commission that a licensee
may take on totalizator betting.
I have examined this bill and find it to correspond in all respects with the bill as
finally passed by both Houses.
Assistant Speaker of the Legislative Assembly.
Clause 1 Totalizator Amendment Bill 2008
The Legislature of New South Wales enacts:
1 Name of Act
This Act is the Totalizator Amendment Act 2008.
2 Commencement
This Act commences on the date of assent to this Act.
3 Amendment of Totalizator Act 1997 No 45
The Totalizator Act 1997 is amended as set out in Schedule 1.
4 Repeal of Act
(1) This Act is repealed on the day following the day on which this Act
commences.
(2) The repeal of this Act does not, because of the operation of section 30
of the Interpretation Act 1987, affect any amendment made by this Act.
Page 2
Totalizator Amendment Bill 2008
Amendments Schedule 1
Schedule 1 Amendments
(Section 3)
[1] Section 3 Objects of Act
Omit "and" where lastly occurring in section 3 (a).
[2] Section 3 (b)
Omit the paragraph.
[3] Section 53 Making of rules
Insert after section 53 (2):
(2A) A licensee is required to make the rules referred to in section 69.
[4] Section 69
Omit the section. Insert instead:
69 Commission on totalizator betting
(1) A licensee may deduct, or cause to be deducted, as commission
out of the total amount invested in each totalizator conducted by
the licensee on one or more events or contingencies, an amount
not exceeding the amount prescribed by the rules in respect of a
totalizator of that class or description.
(2) An amount prescribed by the rules for the purposes of subsection
(1) must be expressed as a percentage of the total amount
invested in the class or description of totalizator concerned, and
must not exceed 25% of the total amount invested.
[5] Schedule 2 Savings, transitional and other provisions
Insert at the end of clause 1 (1):
Totalizator Amendment Act 2008
Page 3
Totalizator Amendment Bill 2008
Schedule 1 Amendments
[6] Schedule 2, Part 5
Insert after Part 4:
Part 5 Provision consequent on enactment of
Totalizator Amendment Act 2008
20 Removal of 16 per cent cap on commission
To the extent that the amendment made by Schedule 1 [4] to the
Totalizator Amendment Act 2008 removes the 16 per cent cap on
commission that a licensee may deduct each financial year from
the total amount invested in totalizators conducted by the licensee
in that year, the amendment is taken to have commenced on
1 July 2007.
Page 4
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