Betting Tax Act 2001 (NSW)

Betting Tax Act 2001 No 43

An Act to provide for the imposition of tax on certain betting; to repeal the Bookmakers (Taxation) Act 1917 and the Racing Taxation (Betting Tax) Act 1952; and for other purposes.

Part 1 Preliminary

1 Name of Act This Act is the Betting Tax Act 2001.

2 Commencement This Act commences on 1 July 2001.

3 Definitions In this Act— Chief Commissioner means the Chief Commissioner of State Revenue referred to in section 60 of the Taxation Administration Act 1996. exercise a function includes perform a duty. function includes a duty. meeting for greyhound racing means any meeting at which greyhound racing (that is, racing between greyhounds in competitive pursuit of a lure activated by mechanical means) is carried on. meeting for harness racing means any meeting at which harness racing is carried on. meeting for horse racing means any meeting (other than a meeting for harness racing) at which horse racing is carried on. race meeting means a meeting for horse racing, meeting for harness racing or meeting for greyhound racing. racecourse means any land that is used to hold or conduct a race meeting. racing club means a club, association or body of persons or body corporate formed for promoting or controlling horse racing, harness racing or greyhound racing, or for holding race meetings. totalizator has the same meaning as in section 6 of the Totalizator Act 1997. totalizator licensee means the holder of a licence under the Totalizator Act 1997.

4 (Repealed)

5 Relationship with Taxation Administration Act 1996 This Act is to be read together with the Taxation Administration Act 1996, which makes provision for the administration and enforcement of this Act and other taxation laws.

5A Extraterritorial operation of Act (1) It is the intention of the Parliament of New South Wales that the operation of this Act should, as far as possible, include operation in relation to the following— (a) things situated in or outside the territorial limits of the State, (b) acts, transactions and matters done, entered into or occurring in or outside the territorial limits of the State, (c) things, acts, transactions and matters (wherever situated, done, entered into or occurring) that would, apart from this Act, be governed or otherwise affected by the law of another State, a Territory, the Commonwealth or a foreign country. (2) Without limiting subsection (1), it is the intention of the Parliament of New South Wales that the provisions of this Act have an operation in relation to the things, acts, transactions and matters referred to in that subsection even if the rules of private international law (whether at general law or as provided by legislation) would require the application of a law other than this Act instead of the provisions of this Act.