Betting Control Act 1954

In this section —

Subject to this Act, for so long as an authorisation to which section 17B refers is lawful and the totalisator is operated the operator shall pay an annual licence fee at a prescribed rate assessed on the total turnover of that totalisator during the preceding year of assessment.

Subject to subsection (4), the licence fee payable shall be —

assessed in respect of an assessment year commencing on 1 August; and

paid at the prescribed time in the prescribed manner.

In respect of the assessment year ending on 31 July following the coming into operation of this section, and in respect of any new authorisation granted after the coming into operation of this section during the course of an assessment year, the licence fee shall be payable on the prescribed basis, apportioned to take account of any period when betting did not occur, and a refund or further demand may be made on actual returns for the relevant period being verified.

For the purpose of the assessment of the amount of the annual licence fee the operator of the totalisator shall deliver to the Commission an annual return of totalisator turnover made, and verified, in the prescribed manner.

Regulations made under this Act may make provision for the purposes of this section and, in particular, may prescribe different requirements in relation to betting of different kinds.