Australian Capital Territory
Bookmaking Tax Rates Determination 2003 (No. 2)
Disallowable instrument DI2003—35
made under the
Race and Sports Bookmaking Act 2001, subsection 65(3) Determination of tax rates etc.

The Commission determines that for the purposes of subsection 64(2) of the Act the following rules apply for the calculation of the amount of bet backs made by a sports bookmaker in a period.

1.	This determination has effect from the date of notification in the Legislation Register.

2.	Bet backs are to be multiplied by zero for the purposes of calculating tote odds betting turnover.

John Broome 
Chairman, Gambling and Racing Commission

21 March 2003