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Gaming (Control) (Amendment) Act No 03 of 1996

Commencement: 12/04/1996

REPUBLIC OF VANUATU

GAMING (CONTROL) (AMENDMENT) ACT
NO. 3 OF 1996

Arrangement of Sections

1. Amendment of section 4 of Chapter 172
2. Amendment of section 5
3. Commencement.

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GAMING (CONTROL) (AMENDMENT) ACT

NO. 3 OF 1996

Assent: 12/04/96
Commencement: 12/04/96

An Act to amend the Gaming (Control) Act [CAP. 172].

BE IT ENACTED by the President and Parliament as follows:-

AMENDMENT OF SECTION 4 OF CHAPTER 172

1. Section 4 of the Gaming (Control) Act [CAP. 172] in this Act referred to as the "principal Act" is amended by adding the following subsections after subsection (4) -

"(5) There shall be payable in. respect of a licence issued under this Act a gaming licence fee at the rate of -

(a) 5 million vatu -

(i) for gaming machines; or

(ii) for gaming tables; or

(iii) for gaming machines and gaming tables, in a hotel; and

(b) 1,650,000 vatu for gaming machines in a club.

(6) The fee provided in subsection (5) shall be an annual fee and shall be due and paid on the first day of the month on which business is first commenced and thereafter on or before the first day of January of each succeeding year.

(7) If the gaming licence fee has not been paid in full in accordance with subsection (6), the fee or part of the fee remaining unpaid shall be increased by 10% for each month or part thereof during which the fee remains unpaid."

AMENDMENT OF SECTION 5

2. Section 5 of the principal Act is amended in subsection (1) by deleting 10% and substituting "15%".

COMMENCEMENT

3. This Act shall come into force on the date of its assent by the President.

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