Tattersall Consultations (Amendment) Act 2000

i Tattersall Consultations (Amendment) Act 2000 Act No. 63/2000 TABLE OF PROVISIONS Section Page 1. Purpose 1 2. Commencement 1 3. Duty payable by promoter 2 4. Subscription levy where no ticket issued 2 5. Transitional provision 3 ═══════════════ ENDNOTES 4 -- 1 of 5 -- 1 Tattersall Consultations (Amendment) Act 2000† [Assented to 8 November 2000] The Parliament of Victoria enacts as follows: 1. Purpose The purpose of this Act is to amend the Tattersall Consultations Act 1958 to adjust taxation rates. 2. Commencement This Act comes into operation on the day after the day on which it receives the Royal Assent. Victoria No. 63 of 2000  -- 2 of 5 -- Act No. 63/2000 Tattersall Consultations (Amendment) Act 2000 2 3. Duty payable by promoter In section 6 of the Tattersall Consultations Act 1958, for sub-section (1) substitute— "(1) The promoter must pay to the Treasurer for payment into the Consolidated Fund— (a) in respect of each Consultation conducted under the licence a duty equal to— (i) 31!66% of that part of the amount subscribed to the Consultation that is in respect of supplies on which GST is payable; and (ii) 36% of that part of the amount subscribed to the Consultation that is in respect of supplies on which GST is not payable; and (b) in respect of each soccer football pool conducted under the licence a duty equal to— (i) 28!76% of that part of the amount subscribed to the soccer football pool that is in respect of supplies on which GST is payable; and (ii) 34% of that part of the amount subscribed to the soccer football pool that is in respect of supplies on which GST is not payable.". 4. Subscription levy where no ticket issued In section 6AA of the Tattersall Consultations Act 1958, after sub-section (1) insert— "(1A) Sub-section (1) does not apply to a subscription, accepted otherwise than by the issue of a ticket, if the subscription is accepted by an accredited representative of See: Act No. 6390 Reprint No. 8 as at 1 July 2000. LawToday: www.dms. dpc.vic. gov.au s. 3 -- 3 of 5 -- Act No. 63/2000 Tattersall Consultations (Amendment) Act 2000 3 the operator in an external Territory of Australia or a place outside Australia from a person in that Territory or place.". 5. Transitional provision In section 12 of the Tattersall Consultations Act 1958, for sub-section (4) substitute— "(4) Section 6, as amended by section 3 of the Tattersall Consultations (Amendment) Act 2000, applies, and must be taken always to have applied, to Consultations and soccer football pools conducted on or after 1 July 2000. (5) If, because of sub-section (4), the promoter is required to pay an amount of duty that the promoter would not otherwise have been required to pay, that amount of duty must be paid within 7 days after the commencement of section 5 of the Tattersall Consultations (Amendment) Act 2000. (6) If, because of sub-section (4), the promoter has paid an amount of duty in excess of the amount that the promoter was required to pay under section 6, the Treasurer must refund the amount of the overpayment to the promoter and the Consolidated Fund is appropriated to the extent necessary for the refund to be paid.". ═══════════════ s. 5 -- 4 of 5 -- Act No. 63/2000 Tattersall Consultations (Amendment) Act 2000 4 ENDNOTES † Minister's second reading speech— Legislative Assembly: 7 September 2000 Legislative Council: 24 October 2000 The long title for the Bill for this Act was "to amend the Tattersall Consultations Act 1958 to adjust taxation rates and for other purposes." Endnotes -- 5 of 5 --