New South Wales Consolidated Acts

GAMING MACHINE TAX ACT 2001 - SECT 3

3 Definitions

(1) In this Act:
"authorised CMS" has the same meaning as in the Gaming Machines Act 2001 .
"Authority" means the Casino, Liquor and Gaming Control Authority constituted under the Casino, Liquor and Gaming Control Authority Act 2007 .
"cancelled credits payment" means payment of an amount by way of redemption of credits accumulated by a gaming machine player in the course of play.
"Chief Commissioner" means the Chief Commissioner of State Revenue referred to in section 60 of the Taxation Administration Act 1996 .
"CMS licensee" means the holder of a CMS licence within the meaning of the Gaming Machines Act 2001 .
"gaming machine" means an approved gaming machine within the meaning of the Gaming Machines Act 2001 .
"hotel", "hotel licence" and "hotelier" have the same meanings as in the Liquor Act 2007 .
"instalment period" means a period prescribed by section 7.
"outgoings", in relation to a gaming machine, means:

(a) cancelled credits payments, or

(b) progressive jackpot payments, or

(c) the monetary value of the credits accumulated by a gaming machine player in the course of play that are redeemed by the award of a non-monetary prize, or

(d) in the case of a gaming machine that is a part of an authorised linked gaming system operating under Part 10 of the Gaming Machines Act 2001 -the amount that is deducted from the gaming machine in order to build a prize for the authorised linked gaming system concerned.

"profits", in relation to a gaming machine, means the excess of revenue from the machine over outgoings in relation to the machine.
"progressive jackpot payment" means payment of an amount to which a gaming machine player is entitled:

(a) for the achievement by the player, at the end of a play, of a combination of symbols that is designated, in the original design of the gaming machine or in a subsequent modification approved by the Authority as a progressive jackpot combination, or

(b) on the happening of any other event or contingency which the Authority, by instrument in writing, approves as being a due occasion of a progressive jackpot payment for the purposes of this definition.

"registered club" has the same meaning as it has in the Registered Clubs Act 1976 .
"revenue from a gaming machine" means money invested by players of the gaming machine in order to play it.
"tax" means tax imposed by this Act on profits from gaming machines.
"tax year" means:

(a) in relation to a hotelier-the period of 12 months commencing on 1 July, and

(b) in relation to a registered club-the period of 12 months commencing on 1 September.

(2) For the purposes of the definition of "cancelled credits payment" in subsection (1):

(a) credits accumulated by a gaming machine player in the course of play include credits accumulated as a result of the investment of money by the player before proceeding to play the gaming machine or while playing it, and

(b) a player’s credits are completely redeemed on payment to the player of an amount equal to the amount that a player would have to invest in the gaming machine concerned, when showing a nil credit balance, in order (without playing it) to be credited with that number of credits.

(3) A reference in this Act to a tax year of a specified year is a reference to the tax year that commences in that specified year. For example, a reference to the 2004 tax year is a reference to the tax year that commences on 1 July 2004 (in relation to a hotelier) or 1 September 2004 (in relation to a registered club).