sec.40ARequirements for money clearance of TITO system— Act , s 297

sec.40A Requirements for money clearance of TITO system— Act , s 297

For section 297 (3) of the Act , the amount to be deducted for a money clearance of a TITO system is the amount (the net ticket amount ) calculated using the formula— To carry out a money clearance of a TITO system, a licensee must keep a float to enable the net ticket amount to be deducted. Maximum penalty—20 penalty units. In this section— NTA means the net ticket amount for a clearance period. TJC means the total monetary amount of gaming machine credits, for the clearance period, shown on the jackpot credit meters for the licensee’s gaming machines. TTI means the total monetary amount of gaming machine credits, for the clearance period, shown on the ticket in meters for the licensee’s gaming machines. TTO means the total monetary amount of gaming machine credits, for the clearance period, shown on the ticket out meters for the licensee's gaming machines. s 40A ins 2013 SL No. 120 s 7 (sec.40A-ssec.1) For section 297 (3) of the Act , the amount to be deducted for a money clearance of a TITO system is the amount (the net ticket amount ) calculated using the formula— (sec.40A-ssec.2) To carry out a money clearance of a TITO system, a licensee must keep a float to enable the net ticket amount to be deducted. Maximum penalty—20 penalty units. (sec.40A-ssec.3) In this section— NTA means the net ticket amount for a clearance period. TJC means the total monetary amount of gaming machine credits, for the clearance period, shown on the jackpot credit meters for the licensee’s gaming machines. TTI means the total monetary amount of gaming machine credits, for the clearance period, shown on the ticket in meters for the licensee’s gaming machines. TTO means the total monetary amount of gaming machine credits, for the clearance period, shown on the ticket out meters for the licensee's gaming machines.