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This is a Bill, not an Act. For current law, see the Acts databases.
Gambling Regulation Amendment (Wagering and Betting Tax) Act 2021 No. of 2021 TABLE OF PROVISIONS Clause Page 1 Purpose 1 2 Commencement 1 3 Imposition and rate of tax--net wagering revenue of a wagering and betting entity 1 4 Imposition and rate of tax--net wagering revenue of a group 2 5 Repeal of this Act 2 ═════════════ Endnotes 3 1 General information 3 i Gambling Regulation Amendment (Wagering and Betting Tax) Act 2021 No. of 2021 [Assented to ] The Parliament of Victoria enacts: 1 Purpose The purpose of this Act is to amend the Gambling Regulation Act 2003 to increase the rate of wagering and betting tax. 2 Commencement This Act comes into operation on 1 July 2021. 3 Imposition and rate of tax--net wagering revenue of a wagering and betting entity In section 4.6A.3(1) of the Gambling Regulation Act 2003, for "8%" substitute "10%". 1 Gambling Regulation Amendment (Wagering and Betting Tax) Act 2021 No. of 2021 4 Imposition and rate of tax--net wagering revenue of a group In the formula in section 4.6A.15(1) of the Gambling Regulation Act 2003, for "8%" substitute "10%". 5 Repeal of this Act This Act is repealed on 1 July 2022. Note The repeal of this Act does not affect the continuing operation of the amendments made by it (see section 15(1) of the Interpretation of Legislation Act 1984). ═════════════ 2 Gambling Regulation Amendment (Wagering and Betting Tax) Act 2021 No. of 2021 Endnotes Endnotes 1 General information See www.legislation.vic.gov.au for Victorian Bills, Acts and current authorised versions of legislation and up-to-date legislative information. Minister's second reading speech-- Legislative Assembly: Legislative Council: The long title for the Bill for this Act was "A Bill for an Act to amend the Gambling Regulation Act 2003 to increase the rate of wagering and betting tax and for other purposes." By Authority. Government Printer for the State of Victoria. 3
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