Racing Bets Levy Regulations 2009 (WA)

Western Australia Racing Bets Levy Act 2009 Racing Bets Levy Regulations 2009 Western Australia Racing Bets Levy Regulations 2009 Contents 1. Citation 1 2. Commencement 1 3. Terms used 1 4. Levy amount: bets placed or accepted before 1 October 2014 2 5. Levy amount: bets placed or accepted on or after 1 October 2014 but before 1 August 2018 4 6. Levy amount: bets (other than certain betting exchange bets) placed or accepted on or after 1 August 2018 5 7. Levy amount: betting exchange bets placed or accepted on or after 1 May 2021 7 Notes Compilation table 9 Defined terms Racing Bets Levy Act 2009 Racing Bets Levy Regulations 2009

1. Citation These regulations are the Racing Bets Levy Regulations 2009.

2. Commencement These regulations come into operation as follows — (a) regulations 1 and 2 — on the day on which these regulations are published in the Gazette; (b) the rest of the regulations — on the day after that day.

3. Terms used In these regulations — betting exchange bet means a bet of the type referred to in paragraph (b) of the definition of racing bet; greyhound race meeting has the meaning given in the Racing and Wagering Western Australia Act 2003 section 3(1); harness race meeting has the meaning given in the Racing and Wagering Western Australia Act 2003 section 3(1); non‑exchange fixed odds bet means a fixed odds wager, as defined in the Racing and Wagering Western Australia Act 2003 section 3(1), that is not a betting exchange bet; pari‑mutuel bet means a bet in a betting system in which all bets are placed in a pool from which the betting operator's commission is taken and the winning odds are calculated by dividing the amount remaining in the pool by the amount of the winning bets; premium race meeting means a race meeting that includes at least one race in respect of which the total amount of the stakes paid (excluding trophies) is at least as follows — (a) in the case of a thoroughbred race meeting — $100 000; (b) in the case of a harness race meeting — (i) if the meeting occurs before 1 August 2018 — $50 000; or (ii) if the meeting occurs on or after 1 August 2018 — $30 000; (c) in the case of a greyhound race meeting — $30 000; premium thoroughbred racing season means the period beginning on 1 November in any year and ending on 1 January in the next year; race meeting has the meaning given in the Betting Control Act 1954 section 4(1); racing year means the 12 months beginning on 1 August in any year and ending on 31 July in the next year; standard race meeting means a race meeting that is not a premium race meeting; thoroughbred race meeting has the meaning given in the Racing and Wagering Western Australia Act 2003 section 3(1); thoroughbred racing has the meaning given in the Racing and Wagering Western Australia Act 2003 section 3(1). [Regulation 3 inserted: Gazette 15 Feb 2013 p. 957-8; amended: Gazette 9 Sep 2014 p. 3241; 6 Jul 2018 p. 2543.]