CAP. 108]
Regulations- Fraser, vol. 3, p. 1442.
G.N.A. 75/51.
(Cap. 121)
Betting Duty.
BETTING DUTY.
BETTING DUTY REGULATIONS.
(Cap. 108, section 7).
(Ordinance No. 40 of 1931).
[1st January, 1932.]
1. The provisions (including the penal provisions) of the Stamp Duties Management Ordinance, shall apply to stamps used for denoting betting duty.
2. The secretary of every club organizing a cash sweep or conducting a totalizator or pari-mutuel in the Colony, or acting as agent in the Colony for the allocation of chances in a cash sweep organized outside the Colony, shall draw up for the Collector of Stamp Revenue a statement showing-
(a) the number of tickets sold and the amounts received in respect of the totalizator or pari-mutuel betting on each race;
(b) the number and value of cash sweep tickets sold;
(c) the number and value of cash sweep chances allocated otherwise than by ticket in respect of each race.
3. In the case of a club acting as agent as aforesaid, which is permitted to issue lists instead of tickets, the statement shall be drawn up and delivered to the Collector before the lists of numbers allocated are despatched from the Colony.
4. In the case of cash sweeps conducted by a club organizing the race and in the case of bets on any totalizator or pari-mutuel the statement shall be drawn up and delivered within fifteen days after the day on which the race is held.
In all other cases the statement shall be drawn up and delivered within three days after the day on which the race is held and before any money is distributed among the contributors or subscribers.
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