Hong Kong Ordinances

BETTING DUTY ORDINANCE - SECT 6GE

Further horse race betting duty

(1) This section applies if—

   (a)  the guaranteed amount for a wholly relevant charging period exceeds—

        (i)    the horse race betting duty charged under section 6GD(1) on the
               net stake receipts that are derived from the conduct of
               authorized betting on horse races by the
               first horse race betting conductor in respect of that
               charging period; or

        (ii)   the horse race betting duty charged under section  6GD
               (2)(b)(iii) in relation to non-qualified bets that— (A) are
               accepted in relation to the conduct of authorized betting on
               horse races by the first horse race betting conductor; and (B)
               are relevant to that charging period; or

   (b)  the guaranteed amount for a partially relevant charging period
        exceeds—

        (i)    the relevant portion of the horse race betting duty charged
               under section 6GD(1) on the net stake receipts that are derived
               from the conduct of authorized betting on horse races by the
               first horse race  betting conductor in respect of that
               charging period; or

        (ii)   the relevant portion of the horse race betting duty charged
               under section 6GD(2)(b)(iii) in relation to non-qualified bets
               that— (A) are accepted in relation to the conduct of
               authorized betting on horse races by the
               first horse race betting conductor; and (B) are relevant to
               that charging period.

(2) There shall be charged—

   (a)  in the case of subsection (1)(a)(i) or (b)(i), on the net stake 
        receipts, a duty, in addition to the duty charged under section 6GD(1)
        equal to the difference between the guaranteed amount and the duty so
        charged or the relevant portion of the duty so charged; or

   (b)  in the case of subsection (1)(a)(ii) or (b)(ii), in relation to the
        non-qualified bets, a duty, in addition to the duty charged under
        section 6GD(2)(b)(iii) equal to the difference between the guaranteed 
        amount and the duty so charged or the relevant portion of the duty so
        charged.

(3) The duty charged under subsection (2) shall be payable by the
first horse race betting conductor.

(4) In this section, "relevant portion" (有關份額) means, in relation to
the duty charged under section 6GD(1) or (2)(b)(iii), such portion of that
duty that bears the same ratio to that duty as the number of relevant  days in
the partially relevant charging period bears to the number of days

(excluding 29 February) in that charging period. (Division 2A added 17 of 2006
s. 15)

"relevant portion" (有關份額)