Notice to all wagering operators using Queensland race information
This notice relates to Queensland legislation for the use of Queensland race information and the requirement of wagering operators to obtain authorities and pay fees
Following amendment of the Racing Act and regulations, racefields legislation now applies in Queensland. The Act’s requirements will apply from 1st September 2008.
Please refer to the Racing Act 2002 as amended Ch3 part 6 (Racing Amendment Act 2008) and Racing Amendment Regulation (No 1) 2009.
All wagering operators using Queensland race information from any of the 3 codes of racing must:
- obtain an Authority to Use Queensland Race Information and
- where applicable pay fees
The Queensland legislation requires each code of racing to issue race information authorities and allows those codes to charge a fee for the use of Queensland race information.
Wagering operators with combined turnover on all 3 codes in excess of $5 million in any financial year will be required to pay 1.5% of that excess turnover as a fee to the relevant control body.
The fees are applicable from 1 September 2008 and accordingly wagering operators must provide actual wagering data for the period from 1 July 2008 to 28 February 2009 along with historical data as shown in the application form and in the conditions.
Fees for this period (from 1 September 2008) will be assessed according to the guidelines and invoiced by each code to the wagering operator.
The process for assessment and payment of fees from 1 March 2009 will be based on a monthly self assessment and remittance based on actual assessable turnover. Wagering Operators who are entitled to issue Recipient Created Tax Invoices (RCTI’s) will complete a monthly return indicating fees payable to each code control body and remit the fees to the codes control bodies as per the self assessment accompanied by the appropriate RCTI’s by the 21st day of the following month.
Where there is no determination that a Licensed Wagering Operator or a group of them may prepare Recipient Created Tax Invoices, those Licensed Wagering Operators must within 5 Business days of the end of a month in an Authority Period deliver to the Relevant Control Bodies a statement setting out the amount of Wagering Turnover for the respective Control Bodies’ Codes for that period and the Relevant Control Bodies shall issue a Tax Invoice for payment within 3 Business Days to the Licensed Wagering Operator.
The Tax Invoice will be payable by the 21st day of that month in which the Tax Invoice is issued. Examples are highlighted in the guidelines attached to this document.
3 RCTI’s will be issued by an operator to the respective code – one on behalf of QRL, one on behalf of the Harness control body and one on behalf of the Greyhound control body and the fee payable to each code will be calculated on the turnover attributable to each specific code.
Methods for applying the $5 million turnover threshold are explained in the guidelines.
As per the Queensland Race Information conditions, an annual audited return must be submitted by 31 August each year.
Application forms need to be returned to the Authorisation Committee by 31 March 2009.
All the relevant forms are available at:
http://www.queenslandracing.com.au/wageringinfo/wageringinfo.asp
www.greyhoundsqueensland.com.au
www.harness.org.au/qld
Questions regarding these requirements may be directed to:
The Secretary of the Authorisation Committee, Queensland Race Information at Queensland Racing Limited, Vikki Hooper on 07 3869 9743 or vhooper@queenslandracing.com.au
Darren Beavis
General Manager
Greyhounds Queensland
Application Form – Greyhounds Queensland
Application Form – Harness Racing Queensland
Application Form – Thoroughbreds Queensland