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Gaming (Control) (Amendment) Act 2001

Assent: 29 June 2001

Commencement: 1 July 2001

REPUBLIC OF VANUATU

GAMING (CONTROL) (AMENDMENT) ACT

NO. 3 OF 2001

Arrangement of Sections

1 Amendments
2 Commencement

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REPUBLIC OF VANUATU

GAMING (CONTROL) (AMENDMENT) ACT

NO. 3 OF 2001

An Act to amend the Gaming (Control) Act [CAP 172].

Be it enacted by the President and Parliament as follows -

1 Amendments

The Gaming (Control) Act [CAP 172] is amended as set out in the Schedule.

2 Commencement

This Act commences on 1st July 2001.

Schedule

Amendments of the Gaming (Control) Act [CAP 172]

1 Subsection 5(1)

Repeal the subsection, substitute

"(1) A gaming duty is to be charged on each gaming machine and gaming table provided on any premises mentioned in section 3.

(1A) The gaming duty is to be calculated at the following rates:

(a) 7.5% on the gross profit derived in each month from each gaming machine and gambling table for non profit clubs;
(b) 30% on the gross profit derived in each month from each gaming machine and gambling table for profit making establishments".

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REPUBLIC OF VANUATU

GAMING (CONTROL) (AMENDMENT) ACT

NO. 3 OF 2001

Explanatory Note

This Bill amends the Gaming (Control) Act [CAP 172].

It makes provision for 7.5% gaming duty for non profit clubs and 30% gaming duty for profit making establishments.

Honourable Joe Bomal Carlo
Minister for Finance and Economic Management

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