Gaming Duties Act 1971

This commentary item was published in Public Information Bulletin Volume 65, February 1972

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Introduction

This Act contains the provisions relating to totalisator duty and lottery duty previously in Part X and XI of the Stamp Duty Act 1954.

Effect of Changes

Totalisator duty - No change has been made to the rate of duty payable, or to the time for filing returns and paying the duty.
Lottery duty - The rate of duty is unchanged, but the definition of "lottery" has been changed in section 3. The only lotteries now dutiable are the "Golden Kiwi" and "Mammoth" lotteries.

Date of Application

Under sections 1 and 2 of the Act, the provisions relating to totalisator duty are deemed to have come into force on 1 August 1971, and those relating to lottery duty on 1 April 1971.

Part I - Totalisator Duty

Sections 4-8 impose the duty and provide for the filing of returns, payment of duty and charging of interest on unpaid duty. It should be noted that money deducted from investments for totalisator duty must be forthwith paid by the club to the Commissioner, or paid into a bank to a trust account and shall not be paid out of the trust account except for the purpose of payment of the duty.

Part II - Lottery Duty

Sections 9-12 impose the duty and provide for the filing of returns, payment of duty and charging of interest on unpaid duty.

Part III - Miscellaneous

Section 13 provides for refunds of duty or interest paid in error or excess.

Section 14 allows the Commissioner, by action in any Court, to recover duty or interest payable under the Act.

Section 15 deals with offences against the Act.

Section 16 makes consequential amendments to the Gaming Act.

Section 17 provides for repeals and savings.