CAP. 108]
Betting Duty
[1989 Ed.
(3) The Chief 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.
4E. Interpretation
In sections 4A, 4B, 4C, 4D and 6—
(Added 51 of 1975 s. 5)
"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 30 June 1965 (Cap. 2 sub. leg.) and published in the Gazette;
"lottery" means any lottery conducted by the Board under a licence granted under section 4D;
"proceeds of a lottery" means the total or aggregate amount of the bets made on a lottery.
(Added 51 of 1975 s. 5)
5. Restriction on sale of tickets
No tickets, lists, receipts, or other substitutes for tickets recording the numbers of the chances allocated for any cash-sweep, totalizator or pari-mutuel may be made, printed, issued, sold or offered for sale except by or on behalf of a club which has received the permission of the Chief Secretary under this Ordinance.
(Replaced 6 of 1949 s. 2. Amended 51 of 1975 s. 3)
6. Duty on bets and cash-sweeps
(1) On every bet made on any totalizator or pari-mutuel authorized by this Ordinance, there shall be charged a duty-
(a) in the case of a win bet, a place bet, a double bet, a quinella bet and a forecast bet, at the rate of 9.5% of the amount of every such bet; and
(b) in the case of any other form of bet, at the rate of 16% of the amount of every such bet.
(Amended 19 of 1983 s. 4; L.N. 97 of 1984; L.N. 65 of 1985)
(1A) There shall be charged on the proceeds of a lottery duty at the rate of 30%.
(Added 51 of 1975 s. 6. Amended 19 of 1983 s. 4; L.N. 97 of 1984)
(2) On every cash-sweep ticket sold and on every cash-sweep chance allocated by list as provided in section 4 there shall be charged a duty at the rate of 30% on the amount paid, contributed or subscribed.
(Amended 19 of 1983 s. 4; L.N. 97 of 1984)
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CAP. 108]
Betting Duty
[1989 Ed.
(3) The Chief Secretary may, when granting a licence under subsec- tion (1), impose such conditions as he thinks fit, and may at any time add to or vary any such conditions.
4E. Interpretation
In sections 4A, 4B, 4C, 4D and 6—
(Added 51 of 1975 s. 5)
"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 30 June 1965 (Cap. 2 sub. leg.) and published in the Gazette;
"lottery" means any lottery conducted by the Board under a licence granted
under section 4D;
"proceeds of a lottery" means the total or aggregate amount of the bets made
on a lottery.
(Added 51 of 1975 s. 5)
5.
Restriction on sale of tickets
No tickets, lists, receipts, or other substitutes for tickets recording the numbers of the chances allocated for any cash-sweep, totalizator or pari-mutuel may be made, printed, issued, sold or offered for sale except by or on behalf of a club which has received the permission of the Chief Secretary under this Ordinance.
(Replaced 6 of 1949 s. 2. Amended 51 of 1975 s. 3)
6. Duty on bets and cash-sweeps
(1) On every bet made on any totalizator or pari-mutuel authorized by this Ordinance, there shall be charged a duty-
(a) in the case of a win bet, a place bet, a double bet, a quinella bet and a forecast bet, at the rate of 95% of the amount of every
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such bet; and (b) in the case of any other form of bet, at the rate of 16% of the
amount of every such bet. (Amended 19 of 1983 s. 4; L.N. 97 of 1984; L.N. 65 of 1985)
(1A) There shall be charged on the proceeds of a lottery duty at the rate of 30%. (Added 51 of 1975 s. 6. Amended 19 of 1983 s. 4; L.N. 97 of 1984)
(2) On every cash-sweep ticket sold and on every cash-sweep chance allocated by list as provided in section 4 there shall be charged a duty at the rate of 30% on the amount paid, contributed or subscribed. (Amended 19 of 1983 s. 4; L.N. 97 of 1984)
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