112APremium payment

112A Premium payment S. 112A(1) amended by Nos 93/1993 s. 22(1), 114/2003 s. 12.1.2 (Sch. 5 item 107). (1) The casino operator must pay to the Commission for payment into the Consolidated Fund— S. 112A(1)(a) amended by No. 42/2022 s. 12(2)(a). (a) on the grant of a casino licence, the premium payment determined by the Treasurer under subsection (3). S. 112A(1)(b) repealed by No. 42/2022 s. 12(2)(b). S. 112A(2) repealed by No. 93/1993 s. 22(2). (3) The Treasurer, after consultation with the Minister, must determine an amount as the premium payment payable under subsection (1)(a). (4) The amount determined by the Treasurer under subsection (3) must be specified in the agreement referred to in section 15(1). (5) If a casino licence is cancelled or surrendered, the Treasurer may refund the whole or part of the premium payment referred to in subsection (1)(a) and the Consolidated Fund is hereby to the necessary extent appropriated accordingly. S. 112A(6) substituted by No. 42/2022 s. 12(3). (6) The premium payment payable under subsection (1)(a) is a tax. S. 112B inserted by No. 93/1993 s. 23, amended by No. 37/1994 s. 229(k), repealed by No. 114/2003 s. 12.1.2 (Sch. 5 item 108), new s. 112B inserted by No. 42/2022 s. 13.