AUSTRALIAN CAPITAL TERRITORY

GAMING MACHINE REGULATIONS (AMENDMENT)

EXPLANATORY STATEMENT

No. 20 of 1988

The Gaming Machine Ordinance 1987 (the Ordinance) provides for the licensing of gaming machine operators and regulates the operation of gaming machines.  Section 67 of the Ordinance provides that the Minister may make such regulations as are necessary and convenient to give effect to the Ordinance.

Section 57 of the Ordinance provides that a licensee of gaming machines must pay each month a certain percentage of the revenue from his or her gaming machines to the ACT Gaming and Liquor Authority.  Section 57 also allows a percentage to be prescribed as interest due on late payment of that amount.  The Gaming Machine Regulations (Amendment) (the Regulations) amends the Gaming Machine Regulations (the Principal Regulations) by prescribing a rate of 20 percent for the purpose of section 57 of the Principal Ordinance.  The Regulations also correct an omission in the Principal Regulations.

Details of the Regulations are set out below.

Regulation 1 cites the Gaming Machine Regulations as the Principal Regulations.

Regulation 2 amend regulation 7 of the Principal Regulations by inserting a reference to subsection 37 (1) of the Ordinance to make it clear that regulation 7 is prescribed for the purposes of that subsection.

Regulation 3 inserts new regulation 8 to the Principal Regulations as follows:

Regulation 8 prescribes a rate of 20 per cent per annum for the purposes of subsection 57 (3) of the Ordinance.

ISSUED BY AUTHORITY OF THE MINISTER OF STATE FOR THE ARTS AND TERRITORIES