:
HONG KONG
No. 19 OF 1983
I assent.
Edward Youle
Ordinance to amend the Betting Duty Ordinance.
Governor.
12 May 1983
[13 May 1983]
Enacted by the Governor of Hong Kong, with the advice and consent of the slative Council thereof.
1. This Ordinance may be cited as the Betting Duty (Amendment) Ordinance Short title.
Section 3 of the principal Ordinance is amended---
(a) by deleting subsection (3) and substituting the following—
"(3) Not less than-
(a) in the case of betting of a form referred to in section 6(1)(a),
83.25 per cent; and
(b) in the case of betting of a form referred to in section 6(1)(b),
78.6 per cent,
of the total bets on a totalizator or pari-mutuel shall be allocated in prizes in that or any other totalizator or pari-mutuel in such manner as the club organizing the totalizator or pari-mutuel may determine.”; and
by inserting after subsection (3) the following-
"(4) The percentages of the total bets specified in paragraphs (a) and (b) of subsection (3) may be amended by resolution of the Legislative Council.".
Amendment of section 3.
(Cap. 108.)