TNAG-1578-FCO40-2152-Hong-Kong-power-of-disallowance-1986 — Page 6

I

BETTING DUTY (AMENDMENT)

Ord. No. 19/83

A 163

HONG KONG

L.S.

No. 19 OF 1983

I assent.

An Ordinance to amend the Betting Duty Ordinance.

+

Edward YOUDE,

Governor. 12 May 1983

[13 May 1983]

Enacted by the Governor of Hong Kong, with the advice and consent of the Legislative Council thereof.

1983.

1. This Ordinance may be cited as the Betting Duty (Amendment) Ordinance Short title.

2.

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

(b) by inserting after subsection (3) the following-

3.

"(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.”.

Section 4C of the principal Ordinance is amended—

(a) by deleting subsection (1) and substituting the following-

"(1) Not less than 60 per cent of the proceeds of a lottery shall be allocated in prizes in that or any other lottery as the Board may determine."; and

(b) by inserting after subsection (1) the following-

4.

"(1A) The percentage of the proceeds specified in subsection (1) may be amended by resolution of the Legislative Council.".

Section 6 of the principal Ordinance is amended—

(a) in subsection (1)—

(i) in paragraph (a), by deleting "74" and substituting the following-

"8.5"; and

(ii) in paragraph (b), by deleting "11" and substituting the following-

"13.5";

Amendment of section 3. (Cap. 108.)

Amendment of section 4C.

Amendment of section 6.