GAMING MACHINE TAX ACT 2001 Definitions

(1) In this Act–

“authorised CMS” has the identical which means as within the Gaming Machines Act 2001 .

“Authority” means the Independent Liquor and Gaming Authority constituted
beneath the Gaming and Liquor Administration Act 2007 .

“Chief Commissioner” means the Chief Commissioner of State Revenue referred to
in part 60 of the Taxation Administration Act 1996 .

“CMS licensee” means the holder of a CMS licence inside the which means of the
Gaming Machines Act 2001 .

“gaming machine” means an approved gaming machine inside the which means of the
Gaming Machines Act 2001 .

“hotel” ,

“hotel licence” and

“hotelier” have the identical meanings as within the Liquor Act 2007 .

“instalment period” means a period prescribed by section 7.

“outgoings” , in relation to a gaming machine, means–

(a) winnings, or

(b)
progressive jackpot prizes, or

(c) for a gaming machine that is part of an
authorised linked gaming system working beneath the Gaming Machines Act 2001 ,
Part 10–the quantity that’s deducted from the gaming machine to construct a prize
for the authorised linked gaming system.

“profits” , in relation to a gaming machine, means the surplus of income from
the machine over outgoings in relation to the machine.

“progressive jackpot prize” means the quantity to which a gaming machine participant
or different individual is entitled to be paid–

(a) for the achievement by the
participant, on the finish of a play, of a mix of symbols designated, within the
unique design of the gaming machine, or in a subsequent modification
accredited by the Authority, as a progressive jackpot mixture, or

(b) on
the taking place of one other occasion or contingency which the Authority approves, by
written instrument, as being a due event for a progressive jackpot prize
for the needs of this definition.

“promotional prize” has the identical which means because it has within the Gaming Machines Act
2001 , section 45.

“registered club” has the same meaning as it has in the Registered Clubs Act
1976 .

“revenue from a gaming machine” means the total amount of bets made on a
gaming machine by a participant, together with bets made utilizing a promotional prize.

“tax” means tax imposed by this Act on profits from gaming machines.

“tax year” means–

(a) in relation to a hotelier–the interval of 12 months
commencing on 1 July, and

(b) in relation to a registered club–the interval of
12 months commencing on 1 September.

“winnings” means the overall quantity of prizes received by and paid or awarded, or
liable to be paid or awarded, to a participant from taking part in a gaming machine, however
doesn’t embody promotional prizes.