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This is a Bill, not an Act. For current law, see the Acts databases.


TOTALISATOR AGENCY BOARD BETTING TAX AMENDMENT BILL 1999

                               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.



                                                                    page 1


                                   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

     page 2
           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.
                                                                     ".


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