Hong Kong Regulations

BETTING DUTY REGULATIONS - REGULATION 3

Collection of betting duty in respect of cash-sweeps on horse races

(Past version on 18/07/2003).
(Past version on 01/07/1997).
(Past version on 30/06/1997).

Collection of betting duty in respect of cash-sweeps on horse races

(17 of 2006 s. 23)

(1) The secretary of every club conducting a cash-sweep on horse races in Hong
Kong shall draw up for the Collector a statement, in the specified form,
showing- (12 of 1999 s. 3; 29 of 2003 s. 19; 17 of 2006 s. 23)

   (a)  (Repealed 17 of 2006 s. 23)

   (b)  the number and value of cash-sweep tickets sold and the amount paid,
        contributed or subscribed on each of the tickets; and

   (c)  the number and value of cash-sweep chances allocated otherwise than by
        ticket in respect of each race and the amount paid, contributed or
        subscribed on each of the chances. (17 of 2006 s. 23)

(2) In the case of cash-sweeps conducted by a club organizing the race in
respect of which the cash-sweep is held, the statement shall be drawn up and
delivered within 15 days after the day on which the race is held. (17 of 2006
s. 23)

(3) In all other cases the statement shall be drawn up and delivered within 3
days after the day on which the race is held and before any money is
distributed among the contributors or subscribers.

(4) The duty charged under section 6 of the Ordinance on cash-sweeps shall be
paid to the Collector in such manner as may be agreed between the club
conducting such cash-sweeps and the Collector or, in default of such
agreement, as may be determined by the Collector. (31 of 1981 s. 65; 17 of
2006 s. 23)

(5) (Repealed 31 of 1981 s. 65)

(6) (Repealed 29 of 2003 s. 19)

(7) A person who, without reasonable excuse, contravenes this regulation
commits an offence and is liable to a fine at level 3. (29 of 2003 s. 19)

(8) Where the treasurer, or a steward or any member of the committee of
management of any club consents to or connives at the commission of an offence
under paragraph (7), such treasurer, steward or member shall be deemed to be
guilty of that offence and shall be liable to be proceeded against and
punished accordingly.