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This is a Bill, not an Act. For current law, see the Acts databases.
Western Australia
LEGISLATIVE ASSEMBLY
Totalisator Agency Board Betting Tax
Amendment Bill 1999
A Bill for
An Act to amend the Totalisator Agency Board Betting Tax Act 1960.
The Parliament of Western Australia enacts as follows:
1. Short title
This Act may be cited as the Totalisator Agency Board Betting
Tax Amendment Act 1999.
5 2. Commencement
This Act comes into operation on the day on which the Acts
Amendment (Fixed Odds Betting) Act 1999 comes into
operation.
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23 -- 1
Totalisator Agency Board Betting Tax Amendment Bill 1999
s. 3
3. The Act amended
The amendments in this Act are to the Totalisator Agency
Board Betting Tax Act 1960*.
[* Act No. 54 of 1960.
5 For subsequent amendments see 1998 Index to Legislation of
Western Australia, Table 1, p. 251.]
4. Section 2 amended
Section 2 is amended as follows:
(a) by deleting "Totalisator Agency Board Betting Act,
10 1960," and inserting instead --
"
Totalisator Agency Board Betting Act 1960, in
relation to bets included in a totalisator,
";
15 (b) by inserting before "bets" --
" those ".
5. Section 3 inserted
After section 2 the following section is inserted --
"
20 3. Totalisator Agency Board betting tax for fixed odds
bets
(1) The rate of Totalisator Agency Board betting tax
imposed by this Act and payable under the Totalisator
Agency Board Betting Act 1960, in relation to fixed
25 odds bets, is --
(a) 2.0% of all moneys paid to the Totalisator
Agency Board in respect of fixed odds bets
made on horse or greyhound races; and
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Totalisator Agency Board Betting Tax Amendment Bill 1999
s. 5
(b) 0.5% of all moneys paid to the Totalisator
Agency Board in respect of fixed odds bets
made on events, including sporting events,
through or with that Board under the provisions of that
5 Act.
(2) In subsection (1) --
"fixed odds bet" has the meaning given to that term in
the Totalisator Agency Board Betting Act 1960.
".
10
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