2. Bookmakers' betting levy

    (1) The rate of bookmakers' betting levy imposed by this Act and payable under the Betting Control Act 1954 is

    (a) in respect of a bookmaker's turnover from betting on a sporting event or contingency approved under section 4B of the Betting Control Act 1954, the rate of 0.5%; and

    (b) in respect of the remainder of a bookmaker's turnover, the rate of 2%.

    (2) In this section

    }turnover~ has the meaning given in section 14(1) of the Betting Control Act 1954.

    [Section 2 inserted by No. 28 of 1998 s. 3.]

Note: This is not an authorised version. The only authorised version is the hardcopy (printed) version published under authority of the Government Printer, available from the State Law Publisher, 10 William St Perth W.A. 6000.