TNAG-1686-FCO40-2336-Hong-Kong-legislation-regarding-the-control-of-publications--1987 — Page 11

BETTING DUTY (AMENDMENT) BILL

A BILL

Το

C315

Enclosure No. 4

Amend the Betting Duty Ordinance.

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

1. This Ordinance may be cited as the Betting Duty (Amendment) Ordinance Short title. 1983.

C

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";

(b) in subsection (1A), by deleting "25" and substituting the following-

"27"; and

(c) in subsection (2), by deleting "25" and substituting the following-

Amendment of section 3.

(Cap. 108.)

Amendment of section 4C.

Amendment of section 6.

¦

"27".

5. Sections 2, 3 and 4 shall have effect in respect of every bet made, cash-sweep Effect of ticket sold, cash-sweep chance allocated and lottery held on or after 1 April 1983.

sections 2, 3 and 4.

Explanatory Memorandum

The purpose of this Bill is to implement the 1983 Budget proposals in relation to betting duty.