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Racing Industry Act 2020

Offshore betting charges and other matters - Offshore betting charges - Consumption charges

115: Information to be provided relating to consumption charges

You could also call this:

“Betting businesses must share info about their charges”

If you run an offshore betting business that has to pay consumption charges, you need to give some information to a special authority. This information helps the authority keep track of how much you owe in consumption charges. You have to provide this information in a specific way that has been decided beforehand. The authority and the exact information you need to give are not mentioned here, but they have been set out somewhere else.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS292210.

Topics:
Money and consumer rights > Gambling Business > Industry rules
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114: Minister must set rates of consumption charges, or

"Minister decides how much offshore betting companies pay in charges"

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116: Penalties relating to consumption charges, or

"Rules for offshore betting operators about paying charges and giving correct information"

Part 5 Offshore betting charges and other matters
Offshore betting charges: Consumption charges

115Information to be provided relating to consumption charges

  1. An offshore betting operator who is required to pay consumption charges must provide the prescribed information to the designated authority for the purpose of enabling the authority to monitor the amounts due as consumption charges.

  2. The information must be provided in the prescribed manner.

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