148Gross monthly profit

148 Gross monthly profit (1) Each month the Director shall make, or cause to be made, in respect of the preceding month, an assessment of the gross monthly profit of each licensed premises and the assessment shall be taken to be, for the preceding month, the gross monthly profit of the licensed premises. (2) If an assessment is made under subsection (1) by way of an electronic monitoring system installed on the licensee's licensed premises under an agreement referred to in section 59A(6) or (8), the period covered by the assessment: (a) for the month in which the system is installed, commences when the system first reports data from the premises to the Director and ends when the system first reports data from the premises to the Director in the next month; and (b) for each month after the month in which the system is installed, commences when the system first reports data from the premises to the Director for the month and ends when the system first reports data from the premises to the Director in the next month.