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Betting (Control) (Amendment) Act 1996

Commencement: 01 January 1997

REPUBLIC OF VANUATU

BETTING (CONTROL) (AMENDMENT) ACT
NO. 8 OF 1996

Assent: 30.12.96
Commencement: 01.01.97

An Act to amend the Betting (Control) Act No. 1 of 1993.

BE IT ENACTED by the President and Parliament as follows: -

AMENDMENT OF SECTION 20 OF ACT NO. 1 OF 1993

1. Section 20 of the Betting (Control) Act No. 1 of 1993 in this Act referred to as the "principal Act" is amended by repealing subsection (2) and substituting the following subsection -

"(2) Out of the percentage deducted pursuant to subsection (1) every licence holder shall pay to the Minister ten percent to be deposited into the Revenue Fund."

AMENDMENT OF SECTION 33

2. Section 33 of the principal Act is amended by repealing subsection (2) and substituting the following subsection -

"(2) The sum deducted under subsection (1) shall be paid to the Minister by the permit holder to be deposited into the Revenue Fund."

COMMENCEMENT

3. This Act shall come into force on the 1st day of January, 1997.

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