Gambling (Class 4 Net Proceeds) Amendment Regulations 2020

5 Regulation 10 amended (Minimum amount for authorised purposes)

After regulation 10(4), insert:

(5)

The minimum amount equivalent to 40% of the specified amount prescribed in subclause (1) does not apply for a licence holder’s financial year ending in 2020 or 2021 (regardless of the month that the licence holder’s financial year ends in).