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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
Bill 2003
CONTENTS
1. Short title 1
2. Commencement 2
3. Interpretation 2
4. Tax for totalisator wagers 2
5. Tax for fixed odds wagers 2
181--1 page i
Western Australia
LEGISLATIVE ASSEMBLY
Racing and Wagering Western Australia Tax
Bill 2003
A Bill for
An Act to impose a tax on money paid in respect of wagers made
through or with Racing and Wagering Western Australia.
The Parliament of Western Australia enacts as follows:
1. Short title
This Act may be cited as the Racing and Wagering Western
Australia Tax Act 2003.
page 1
Racing and Wagering Western Australia Tax Bill 2003
s. 2
2. Commencement
This Act comes into operation on a day to be fixed by
proclamation.
3. Interpretation
5 In this Act --
"fixed odds wager" has the same meaning as in the RWWA
Act;
"RWWA" means Racing and Wagering Western Australia
established under the RWWA Act;
10 "RWWA Act" means the Racing and Wagering Western
Australia Act 2003;
"totalisator" has the same meaning as in the RWWA Act.
4. Tax for totalisator wagers
The rate of tax imposed by this Act and payable under the
15 RWWA Act in relation to wagers included in a totalisator is 5%
of all moneys paid to RWWA in respect of those wagers made
through or with RWWA under the RWWA Act.
5. Tax for fixed odds wagers
The rate of tax imposed by this Act and payable under the
20 RWWA Act in relation to fixed odds wagers is --
(a) 2% of all moneys paid to RWWA in respect of fixed
odds wagers made on horse or greyhound races; and
(b) 0.5% of all moneys paid to RWWA in respect of fixed
odds wagers made on events, including sporting events,
25 through or with RWWA under the RWWA Act.
page 2
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