Western Australia
Racing and Wagering Western Australia Tax Act 2003
CONTENTS
1. Short title 1
2. Commencement 2
3. Interpretation 2
4. Tax for totalisator wagers 2
5. Tax for fixed odds wagers 2
Western Australia
Racing and Wagering Western Australia Tax Act 2003
An Act to impose a tax on money paid in respect of wagers made through or with Racing and Wagering Western Australia.
[Assented to 26 June 2003]
The Parliament of Western Australia enacts as follows:
1. Short title
This Act may be cited as the Racing and Wagering Western Australia Tax Act 2003.
2. Commencement
This Act comes into operation on a day to be fixed by proclamation.
3. Interpretation
In this Act —
“fixed odds wager” has the same meaning as in the RWWA Act;
“RWWA” means Racing and Wagering Western Australia established under the RWWA Act;
“RWWA Act” means the Racing and Wagering Western Australia Act 2003;
“totalisator” has the same meaning as in the RWWA Act.
4.
The rate of tax imposed by this Act and payable under the RWWA Act in relation to wagers included in a totalisator is 5% of all moneys paid to RWWA in respect of those wagers made through or with RWWA under the RWWA Act.
5. Tax for fixed odds wagers
The rate of tax imposed by this Act and payable under the RWWA Act in relation to fixed odds wagers is —
(a) 2% of all moneys paid to RWWA in respect of fixed odds wagers made on horse or greyhound races; and
(b) 0.5% of all moneys paid to RWWA in respect of fixed odds wagers made on events, including sporting events,
through or with RWWA under the RWWA Act.
