Betting Tax Act 2018
sec.44Application for registration
Start here
Get a plain-English read of sec.44
Turn the raw legal text into a practical explanation grounded in Betting Tax Act 2018.
sec.44 Application for registration
This section applies to a betting operator if— the betting operator is not already registered under this part as a betting operator; and for any month of a financial year, the taxable wagering revenue of the betting operator for the period starting on 1 July in the financial year and ending on the last day of the month is equal to or more than the annual threshold amount. The betting operator must, within 7 days after the end of the month, give the commissioner an application, in the approved form, for registration as a betting operator under this part. Maximum penalty—100 penalty units. If a corporation commits an offence against this provision, an executive officer of the corporation may be taken, under section 60 , to have also committed the offence. (sec.44-ssec.1) This section applies to a betting operator if— the betting operator is not already registered under this part as a betting operator; and for any month of a financial year, the taxable wagering revenue of the betting operator for the period starting on 1 July in the financial year and ending on the last day of the month is equal to or more than the annual threshold amount. (sec.44-ssec.2) The betting operator must, within 7 days after the end of the month, give the commissioner an application, in the approved form, for registration as a betting operator under this part. Maximum penalty—100 penalty units. If a corporation commits an offence against this provision, an executive officer of the corporation may be taken, under section 60 , to have also committed the offence.
- (a) the betting operator is not already registered under this part as a betting operator; and
- (b) for any month of a financial year, the taxable wagering revenue of the betting operator for the period starting on 1 July in the financial year and ending on the last day of the month is equal to or more than the annual threshold amount.