Australian Capital Territory Numbered Regulations

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RACING (RACE FIELD INFORMATION) REGULATION 2010 (NO 3 OF 2010) - REG 8

Monthly return on assessable turnover and relevant net revenue—Act, s 61V

    (1)     An approval holder must give the commission a monthly return that shows the approval holder's assessable turnover and relevant net revenue for the month that is derived from each of the following:

        (a)     greyhound racing;

        (b)     harness racing;

        (c)     thoroughbred racing.

Note     If a form is approved under the Gambling and Racing Control Act 1999 , s 53D for this provision, the form must be used.

    (2)     An approval holder must—

        (a)     give the monthly return to the commission on or before the 14th day of the following month; and

        (b)     certify that the monthly return is true.

    (3)     An approval holder must give the commission an adjusted monthly return if there is a variation to the approval holder's assessable turnover or relevant net revenue that is not reflected in the monthly return given to the commission.

    (4)     An adjusted monthly return must—

        (a)     include an explanation for the variation; and

        (b)     be provided to the commission as soon as possible after the need for the variation becomes apparent to the approval holder.



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