Australian Capital Territory Current Acts

GAMING MACHINE ACT 2004 - SECT 157A

In this part:

"GMT rebate"—see section 162A.

"small or medium club", for a financial year, means a licensee that is a club if—

        (a)     the gross revenue in relation to the operation of gaming machines under all authorisation certificates held by the licensee is not more than $4 000 000 for the financial year; or

        (b)     if the gross revenue in relation to the operation of gaming machines under all authorisation certificates held by the licensee is more than $4 000 000 for the financial year—the licensee would receive a reduced GMT rebate for the financial year because of the application of section 162A (3).

"small or medium club group", for a financial year, means all licensees within a club group if—

        (a)     the gross revenue in relation to the operation of gaming machines under all authorisation certificates held by all licensees of the group is not more than $4 000 000 for the financial year; or

        (b)     if the gross revenue in relation to the operation of gaming machines under all authorisation certificates held by all licensees of the group is more than $4 000 000 for the financial year—the licensees would receive a reduced GMT rebate for the financial year because of the application of section 162A (3).

"tax period" means—

        (a)     for a licensee that makes an election under section 161A —a quarter; or

        (b)     in any other case—a month.