Gaming Machine Control (Jackpots) Regulations 1996

i Gaming Machine Control (Jackpots) Regulations 1996 S.R. No. 100/1996 TABLE OF PROVISIONS Regulation Page 1. Objective 1 2. Authorising provisions 1 3. Method of determination 1 4. Notification of determination 2 ═══════════════ -- 1 of 3 -- 1 STATUTORY RULES 1996 S.R. No. 100/1996 Gaming Machine Control Act 1991 Gaming Machine Control (Jackpots) Regulations 1996 The Governor in Council makes the following Regulations: Dated: 24 September 1996 Responsible Minister: ROGER HALLAM Minister for Gaming N. C. WHITE Acting Clerk of the Executive Council 1. Objective The objective of these Regulations is to provide for a method of determining the amounts to be paid into a jackpot special prize pool under section 136(5) of the Gaming Machine Control Act 1991. 2. Authorising provisions These Regulations are made under sections 136(5) and 159 of the Gaming Machine Control Act 1991. 3. Method of determination For the purposes of the definition of "daily net cash balance" in section 136(5) of the Gaming Machine Control Act 1991, the amount to be deducted from the total amount wagered in -- 2 of 3 -- S.R. No. 100/1996 Gaming Machine Control (Jackpots) Regulations 1996 2 relation to a gaming machine for payment to a jackpot special prize pool is determined— (a) in the case of a gaming machine of a gaming operator who holds a licence under Part 2 of the Gaming and Betting Act 1994, by multiplying the total amount wagered by not more than 0.03 as determined by the Authority from time to time; (b) in the case of a gaming machine of a gaming operator who holds a licence under section 33 of the Gaming Machine Control Act 1991, by multiplying Z (where Z is the total amount wagered less the sum of all prizes paid) by not more than 0.10 as determined by the Authority from time to time. 4. Notification of determination (1) The Authority, immediately after making a determination under regulation 3, must serve notice in writing of the determination on the gaming operator of a gaming machine affected by the determination. (2) A determination under regulation 3 takes effect on the day specified in the notice, not being a day earlier than 7 days after the date on which notice of the determination was served on the gaming operator. ═══════════════ r. 4 -- 3 of 3 --