State Lotteries Act 1966

The Commission must establish an account to be known as the

The Commission must pay into the Lotteries Fund all money received by the Commission.

The Lotteries Fund must be applied by the Commission as follows:

in payment of prizes in lotteries and for the purpose of holding money in reserve for the payment of prizes in lotteries; and

in payment of the GST in respect of net gambling revenue and agents' commission; and

in payment to the Recreation and Sport Fund of 48.9% of net gambling revenue in respect of all sports lotteries and special lotteries conducted by the Commission; and

in payment to the body or bodies specified by the Minister under section 13AB(2) as the beneficiary or beneficiaries of a particular special appeal lottery of—

an amount equal to the net proceeds in respect of the special appeal lottery less the GST paid or payable in respect of the lottery;

the amount of any unclaimed prizes in respect of the lottery;

in payment to the Hospitals Fund of—

48.9% of net gambling revenue in respect of all lotteries conducted by the Commission except sports lotteries, special lotteries, special appeal lotteries and keno lotteries; and

61.1% of net gambling revenue in respect of all keno lotteries conducted by the Commission; and

in payment of amounts approved by the Minister for the capital, administrative and operating expenses of the Commission; and

for the purposes of the Unclaimed Prizes Reserve under section 16C; and

in payment to the Recreation and Sport Fund, at intervals determined by the Treasurer, of an amount equivalent to the net proceeds of all sports lotteries and special lotteries conducted by the Commission less—

the GST paid or payable in respect of those lotteries;

the amounts paid or payable in respect of those lotteries under paragraph (c); and

in payment to the Hospitals Fund, at intervals determined by the

The Commission may retain in the Lotteries Fund such amounts as are approved by the Minister as being reasonably required for future capital, administrative and operating expenses of the

In this section—

A New Tax System (Goods and Services

the related legislation of the Commonwealth dealing with the imposition of a tax on the supply of goods, services and other things;