Addison of new tection 44. 48, 40,
41 and 4E
5. The principal Ordinance is amended by adding after section 4 the following new sections-
"'Appostosent, function pedi SORMITUR OM DE Hoat Eon
Lotterien
Board,
Mecins of the Board.
Allogation of
proceeds of N Hottery.
Auchonest co
ľkoueries.
4A. (1) There shall be a Hong Kong Lotteries Board whose function shall be to conduct such lotteries as may be permitted by licence granted under section 4D. and for the purpose of any such Tuttery the Board may use such of the Facilities of the Club as may be agreed between the Board and the Club.
(2) The Board shall consist of seven members appointed by the Governor of what---
(2) four shall be Stewards of the Club nominated by
the Club the Club: and'
(5) three shall be other persons..
(3) The Governor shall appoint ome of the members of the Board to be the Chairman thereof.
48. (1) The Board shall meet at such limes and al such places as the Chairman may appoint.
(2) At any meeting the Chairman shall preside: Provided that if at any meeting, t
the Chairman is absent
there shall preside either-
(a) such member as the Chairman may direct to preside
for the purposes of that meeting: or
(b) in the absence of any such direction, one member of the Board elected from among those present at such meeting.
(3) At any meeting of the Board three members shall be a quorumIL
(4) The Board may make standing orders for regulating The procedure at, and in connexion with, its meetings.
4C (1) Not less than eighty per cent of the proceeds of a lottery. after deduction of the duty payable under section 5, shall be allocated in prizes in thai or any other lottery as the Board may determine.
(2) The Board shall pay to the Club such percentage of the proceeds of a lottery as the Board with the approval of the Colonial Secretary may from time to time determine in discharge of all costs, charges, expenses, fees and com- mitments incurred or charged by the Club in providing facilities in order for the Board to perform its function under section 4A(1).
(3) After the payment under subsection (2), the alloca- tion of prizes under subsection (1) and the deduction of duty under section 6, any surplus of the proceeds of lottery shall be paid into the Lotteries Fund.
4D. (1) The Colonial Secretary may by licence authorize the Board to conduct such lottery as may be specified in the licence.
(2) Any licence granted under subsection (1) may relate to more than one lottery.
Interpretion.
6.
3
(3) The Colonial Secretary may, when granting a licence under subsection (1), impose such conditions as he thinks fit, and may at any time add to or vary any such conditions.
48. In sections 4A. 48, 4C. 4D and 6- "Board" means the Hong Kong Lotteries Board established
under section 4A;
"Club" means the Royal Hong Kong Jockey Club; "Lotteries Fund" means the Lotteries Fund established by resolution made and passed by the Legislative Council on the 30th June 1965 and published in the Gazette: "lottery" means any lottery conducted by the Board under
a Licence granted under section 40:
"proceeds of a lottery" means the total or aggreyale amount
of the bets made on a lottery.".
Section 6 of the principal Ordinance is amended-
(a) by inserting after subsection (1) the following-
"(1A) There shall be charged on the proceeds of a lottery duty at The rate of 25 per cent."; and
(b) in subsection (2) by inserting after "subsections (1)" the
following-
". [AP.
Arcodrama of
T. Section 24 of the Gambling Ordinance is repealed and replaced Conquendat by the following-
(Cup. 188.)
**Salvitu
Cap. 1)
1975.
24. This Ordinance shall not apply to anything authorized by or under the Betting Duty Ordinance.",
Passed by the Hong Kong Legislative Council this 30th day af
повеч
Clerk to the Legislative Council.
This printed impression har been carefully compared by me with the bill, and is found by me to be a true and correctly printed copy of the said bili.
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Clerk to the Legislative Council.
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