Duty on poker machines—instalment for the quarter ending 28 February 1998
74 Duty on poker machines—instalment for the quarter ending 28 February 1998
This clause applies to the payment of an instalment of duty on profits derived from approved gaming devices kept by a registered club in the period commencing on 1 December 1997 and ending on 28 February 1998 (the relevant instalment period), and so applies to the exclusion of section 87A (4A) and (4B).
Unless section 87A (3) or (4) applies to the relevant instalment period, the instalment payable in respect of that period is the sum of the amounts payable under subclauses (3)–(6).
If the profits from all approved gaming devices kept by a registered club in the period commencing on 1 December 1997 and ending on 31 January 1998 exceed $33,333 but do not exceed $416,667, the amount payable under this subclause is—
the sum of $167, and
an amount equal to 22.5% of the amount by which the profits exceed $33,333 but do not exceed $416,667.
If the profits from all approved gaming devices kept by a registered club in the period referred to in subclause (3) exceed $416,667, the amount payable under this subclause is—
the sum of $86,417, and
an amount equal to 24.75% of the amount by which the profits exceed $416,667.
If the profits from all approved gaming devices kept by a registered club in the month of February 1998 exceed $16,667 but do not exceed $83,333, the amount payable under this subclause is—
the sum of $83, and
an amount equal to 22.5% of the amount by which the profits exceed $16,667 but do not exceed $83,333.
If the profits from all approved gaming devices kept by a registered club in the month of February 1998 exceed $83,333, the amount payable under this subclause is—
the sum of $15,083, and
an amount equal to 30% of the amount by which the profits exceed $83,333.
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