163HPayments to diversification and sustainability support

163H Payments to diversification and sustainability support fund (1) For each tax period, a licensee that is a club is liable to pay the required amount to the commission for each of the licensee’s (2) The commission must pay the amounts received under subsection (1) to the diversification and sustainability support fund. (3) The required amount, for a tax period for an authorised premises of the licensee, means the amount worked out under the following formula: ((A × $20 ) + (B × $10)) × M A means the number of authorisations for gaming machines held under an authorisation certificate for the authorised premises at the beginning of the first day of the tax period. B means— (a) if A is 100 or more—the number of the authorisations that exceed 99; or (b) if A is less than 100—nil. M means the number of months in the tax period. (4) An amount required to be paid for a tax period is payable on the 7th day after the end of the tax period. (4A) Despite subsection (3), the required amount for a tax period that ends within 2 years beginning on the day this subsection commences is $0. (4B) Subsection (4A) and this subsection expire 3 years after the day they commence.

authorised premises, of a licensee for a tax period, means an authorised premises of a licensee at the beginning of the first day of the tax period.