National Gambling Reform (Related Matters) Act (No. 2) 2012

 

No. 190, 2012

 

 

 

 

 

An Act to impose a gaming machine regulation levy in relation to gaming machines, and for related purposes

 

 

 

Contents

1 Short title

2 Commencement

3 Act binds the Crown

4 Expressions from the National Gambling Reform Act 2012

5 Imposition of gaming machine regulation levy

6 Amount of gaming machine regulation levy

7 Regulations

 

 

National Gambling Reform (Related Matters) Act (No. 2) 2012

No. 190, 2012

 

 

 

An Act to impose a gaming machine regulation levy in relation to gaming machines, and for related purposes

[Assented to 11 December 2012]

 

The Parliament of Australia enacts:

1  Short title

  This Act may be cited as the National Gambling Reform (Related Matters) Act (No. 2) 2012.

2  Commencement

 (1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provision(s)

Commencement

Date/Details

1.  Sections 1 and 2 and anything in this Act not elsewhere covered by this table

The day this Act receives the Royal Assent.

11 December 2012

2.  Sections 3 to 7

The latest of the following times:

(a) the same time as the National Gambling Reform Act 2012 commences;

(b) the same time as section 2 of the National Gambling Reform (Related Matters) Act (No. 1) 2012 commences;

(c) the start of the day this Act receives the Royal Assent.

However, the provision(s) do not commence at all if the events mentioned in paragraphs (a) and (b) do not occur.

12 December 2012

Note:  This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.

 (2) Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.

3  Act binds the Crown

  This Act binds the Crown in each of its capacities.

4  Expressions from the National Gambling Reform Act 2012

  An expression used in this Act that is also used in the National Gambling Reform Act 2012 has the same meaning as in that Act.

5  Imposition of gaming machine regulation levy

  Gaming machine regulation levy payable in accordance with section 85 of the National Gambling Reform Act 2012 is imposed.

6  Amount of gaming machine regulation levy

 (1) The amount of gaming machine regulation levy for a gaming machine for a levy period is worked out using the following formula:

Allowable reductions

 (2) The allowable reductions for a gaming machine for a levy period are the total of any amounts worked out in relation to the gaming machine in accordance with the regulations, to the extent that those amounts are attributable to that period.

When gaming machine revenue is a negative amount

 (3) If the gaming machine revenue from a gaming machine for a levy period is a negative amount, then the amount of the gaming machine regulation levy is taken to be nil.

7  Regulations

  The GovernorGeneral may make regulations prescribing matters:

 (a) required or permitted by this Act to be prescribed; or

 (b) necessary or convenient to be prescribed for carrying out or giving effect to this Act.

 [Minister’s second reading speech made in—

House of Representatives on 1 November 2012

Senate on 29 November 2012]

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