Australian Capital Territory Numbered Acts

GAMING MACHINE (AMENDMENT) ACT 1990 (NO. 31 OF 1990) - SECT 7

7. Section 57 of the Principal Act is amended by omitting subparagraphs (a) (i), (ii) and (iii) of the definition of “prescribed percentage” in subsection (4) and substituting the following subparagraphs:

    “(i)     that does not exceed $4,000—5 per cent;

              (ii)     that exceeds $4,000 but does not exceed $8,000—10 per cent;

              (iii)     that exceeds $8,000 but does not exceed $16,000—17.5 per cent;

              (iv)     that exceeds $16,000 but does not exceed $300,000—19 per cent; or

              (v)     that exceeds $300,000—20 per cent; and”.