Betting Tax Act 2018
sec.25Particular payments excluded in working out total eligible payments
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sec.25 Particular payments excluded in working out total eligible payments
In working out an amount mentioned in section 24 (3) (a) , (b) or (c) , the betting operator is not entitled to take any of the following into account— the provision or granting by the betting operator of any non-cash reward, however described; the provision of frequent flyer points the granting of an entitlement to make free bets the payment of an amount to a person other than a person who made a bet with the betting operator (a third party ); a payment to a third party for costs of the betting operator associated with conducting its betting operations the payment of an amount that— is made at the discretion of the betting operator; or results in a person who made a bet with the betting operator receiving an amount that is more than the amount the person is legally entitled to receive under the terms on which the bet was made with the betting operator; the refund of a staked amount if the betting operator does not have a legal obligation to make the refund the payment of an amount as winnings in relation to a bet if the outcome of the event or contingency on which the bet was made did not happen and the betting operator does not have a legal obligation to make the payment the payment of an amount as part of an arrangement— under which the betting operator offers an opportunity for persons ( participants ) to win, at no or a nominal cost to the participants, an amount by betting on the outcome of a stated event or contingency or a stated series of events or contingencies; and under which the total of all amounts payable by the betting operator in relation to bets made by participants may reasonably be expected to exceed the total of any amounts received by the betting operator for bets made under the arrangement; and for which the betting operator’s primary purpose is to attract or encourage participants to bet with the betting operator, or to promote its betting operations to participants, beyond the particular arrangement. A betting operator offers persons who register with it as customers an opportunity to bet, at no cost to the customers, on the outcome of a stated series of events. Under the terms of the arrangement, the betting operator is liable to pay $50,000 in total to the customers who correctly predict the outcome of the series. The betting operator’s primary purpose in the arrangement is to encourage persons to open or maintain betting accounts with the betting operator. A betting operator provides a person with an amount to be used, at the person’s discretion, in making a bet with the betting operator. The person uses the amount to make a free bet with the betting operator and wins. The betting operator pays the person an amount as winnings in relation to the bet, exclusive of the free component of the bet. A betting operator receives a cash bet from a person with the genuine expectation the person may lose the bet. The person wins the bet and the betting operator pays the person an amount as winnings in relation to the bet, including the staked amount. A reference in subsection (1) (b) to the payment of an amount to a third party does not include a reference to the payment of an amount to a third party that discharges, wholly or partly, a legal obligation of the betting operator to pay an amount in relation to a Queensland bet to the person who made the bet with the betting operator. s 25 amd 2022 No. 30 s 4A (sec.25-ssec.1) In working out an amount mentioned in section 24 (3) (a) , (b) or (c) , the betting operator is not entitled to take any of the following into account— the provision or granting by the betting operator of any non-cash reward, however described; the provision of frequent flyer points the granting of an entitlement to make free bets the payment of an amount to a person other than a person who made a bet with the betting operator (a third party ); a payment to a third party for costs of the betting operator associated with conducting its betting operations the payment of an amount that— is made at the discretion of the betting operator; or results in a person who made a bet with the betting operator receiving an amount that is more than the amount the person is legally entitled to receive under the terms on which the bet was made with the betting operator; the refund of a staked amount if the betting operator does not have a legal obligation to make the refund the payment of an amount as winnings in relation to a bet if the outcome of the event or contingency on which the bet was made did not happen and the betting operator does not have a legal obligation to make the payment the payment of an amount as part of an arrangement— under which the betting operator offers an opportunity for persons ( participants ) to win, at no or a nominal cost to the participants, an amount by betting on the outcome of a stated event or contingency or a stated series of events or contingencies; and under which the total of all amounts payable by the betting operator in relation to bets made by participants may reasonably be expected to exceed the total of any amounts received by the betting operator for bets made under the arrangement; and for which the betting operator’s primary purpose is to attract or encourage participants to bet with the betting operator, or to promote its betting operations to participants, beyond the particular arrangement. A betting operator offers persons who register with it as customers an opportunity to bet, at no cost to the customers, on the outcome of a stated series of events. Under the terms of the arrangement, the betting operator is liable to pay $50,000 in total to the customers who correctly predict the outcome of the series. The betting operator’s primary purpose in the arrangement is to encourage persons to open or maintain betting accounts with the betting operator. A betting operator provides a person with an amount to be used, at the person’s discretion, in making a bet with the betting operator. The person uses the amount to make a free bet with the betting operator and wins. The betting operator pays the person an amount as winnings in relation to the bet, exclusive of the free component of the bet. A betting operator receives a cash bet from a person with the genuine expectation the person may lose the bet. The person wins the bet and the betting operator pays the person an amount as winnings in relation to the bet, including the staked amount. (sec.25-ssec.2) A reference in subsection (1) (b) to the payment of an amount to a third party does not include a reference to the payment of an amount to a third party that discharges, wholly or partly, a legal obligation of the betting operator to pay an amount in relation to a Queensland bet to the person who made the bet with the betting operator.