2005
THE LEGISLATIVE ASSEMBLY
FOR THE AUSTRALIAN CAPITAL TERRITORY

(As presented)
(Minister for Racing and Gaming)
Gaming Machine Amendment Bill 2005 (No 2)

A Bill for
An Act to amend the Gaming Machine Act 2004

    

The Legislative Assembly for the Australian Capital Territory enacts as follows:

1	Name of Act
This Act is the Gaming Machine Amendment Act 2005 (No 2).
2	Commencement
	(1)	This Act (other than section 6) commences on 1 July 2005.
Note	The naming and commencement provisions automatically commence on the notification day (see Legislation Act, s 75 (1)).
	(2)	Section 6 commences on 1 July 2007.
3	Legislation amended
This Act amends the Gaming Machine Act 2004.
4	Eligible clubs
Section 146 (d) (ii)
omit
9
insert
3
5	Gaming machine tax
Section 159 (2) and (3)
substitute
	(2)	The rate at which gaming machine tax is payable in relation to a month is the prescribed percentage for the month.
	(3)	In this section:
prescribed percentage, for a month, means—
	(a)	in relation to a licensee that is a club—
	(i)	for the part of the gross revenue of the club for the month that is less than $15 000—nil; and
	(ii)	for the part of the gross revenue of the club for the month that is $15 000 or more but less than $25 000—15%; and
	(iii)	for the part of the gross revenue of the club for the month that is $25 000 or more but less than $50 000—16%; and
	(iv)	for the part of the gross revenue of the club for the month that is $50 000 or more—18%; or
	(b)	in relation to a licensee that is a not a club—25.9%; or
(c)	in any other case—100%.
6	Section 159 (3), definition of prescribed percentage, paragraph (a) (iii) and (iv) (as amended)
substitute
	(iii)	for the part of the gross revenue of the club for the month that is $25 000 or more but less than $50 000—17%; and
	(iv)	for the part of the gross revenue of the club for the month that is $50 000 or more—21%; or
7	Tax adjustment in relation to GST for clubs
New section 160 (5) and (6)
insert
	(5)	This section applies in relation to a licensee’s liability for a global GST amount only if the liability was incurred before 1 July 2005.
	(6)	This section expires on 1 February 2006.
8	Dictionary, definition of commission
substitute
commission means the gambling and racing commission.

Endnotes
1	Presentation speech
	Presentation speech made in the Legislative Assembly on	2005.
2	Notification
	Notified under the Legislation Act on	2005.
3	Republications of amended laws
	For the latest republication of amended laws, see www.legislation.act.gov.au.

© Australian Capital Territory 2005