Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts(1) Tax (the community contribution shortfall tax ) is imposed on a community contribution shortfall of a licensee that is a club at the rate of 100%.
(2) The licensee must pay the community contribution shortfall tax.
(3) Community contribution shortfall tax is payable 30 days after the day the licensee receives an assessment under the Control Act, part 6.
(4) If an amount of community contribution shortfall tax is paid, the commission must transfer the amount to the grants program fund or, if another fund is prescribed under the regulations, that fund.
(5) In this section:
"community contribution shortfall", for a licensee that is a club in relation
to a financial year, means the amount (if any) by which the club's community
contributions fall short of its required community contribution.