Supplementary Order Paper No 296

No 296

House of Representatives

Supplementary Order Paper

Tuesday, 6 August 2013

Gambling (Gambling Harm Reduction) Amendment Bill


Proposed amendments

Hon Trevor Mallard, in Committee, to move the following amendments:

Clause 18

Delete clause 18.

New clause 20

After clause 19 (after line 14 on page 8), insert:

20 New section 106A inserted (Minimum amount of net proceeds to be distributed for authorised purposes)
  • After section 106, insert:

    106A Minimum amount of net proceeds to be distributed for authorised purposes
    • (1) From the commencement of the financial year ending 31 March 2015, the minimum amount of net proceeds that a licence holder must distribute for authorised purposes is the proportion equivalent to 40% of its GST exclusive gross proceeds.

      (2) From the commencement of the financial year ending 31 March 2016, the minimum amount of net proceeds that a licence holder must distribute for authorised purposes is the proportion equivalent to 41% of its GST exclusive gross proceeds.

      (3) From the commencement of the financial year ending 31 March 2017, the minimum amount of net proceeds that a licence holder must distribute for authorised purposes is the proportion equivalent to 42% of its GST exclusive gross proceeds.

      (4) From the commencement of the financial year ending 31 March 2018, the minimum amount of net proceeds that a licence holder must distribute for authorised purposes is the proportion equivalent to 43% of its GST exclusive gross proceeds.

      (5) From the commencement of the financial year ending 31 March 2019, the minimum amount of net proceeds that a licence holder must distribute for authorised purposes is the proportion equivalent to 44% of its GST exclusive gross proceeds.

      (6) From the commencement of the financial year ending 31 March 2020, the minimum amount of net proceeds that a licence holder must distribute for authorised purposes is the proportion equivalent to 46% of its GST exclusive gross proceeds.

      (7) From the commencement of the financial year ending 31 March 2021, the minimum amount of net proceeds that a licence holder must distribute for authorised purposes is the proportion equivalent to 47% of its GST exclusive gross proceeds.

      (8) From the commencement of the financial year ending 31 March 2022, the minimum amount of net proceeds that a licence holder must distribute for authorised purposes is the proportion equivalent to 48% of its GST exclusive gross proceeds.

      (9) From the commencement of the financial year ending 31 March 2023, the minimum amount of net proceeds that a licence holder must distribute for authorised purposes is the proportion equivalent to 49% of its GST exclusive gross proceeds.

      (10) From the commencement of the financial year ending 31 March 2024, the minimum amount of net proceeds that a licence holder must distribute for authorised purposes is the proportion equivalent to 50% of its GST exclusive gross proceeds.


Explanatory note

This Supplementary Order Paper amends the Gambling (Gambling Harm Reduction) Amendment Bill to provide for the minimum amount of net proceeds that a licence holder must distribute for authorised purposes. This Supplementary Order Paper provides that the minimum amount of net proceeds that a licence holder must distribute for authorised purposes is the proportion equivalent to 40% of its GST exclusive gross proceeds from the commencement of the financial year ending 31 March 2015, with the proportion increasing by 1% each subsequent financial year until 31 March 2024.