|
No. 1 of 2005 |
AN ACT TO AMEND THE CASINO
TAXATION ACT |
[Date of Assent — 25th
April, 2005] |
Enacted by the Parliament of The
Bahamas. |
1. This Act may be cited as the
Casino Taxation (Amendment) Act, 2005. | Short title. |
2. Section 4 of the Casino
Taxation Act is amended - | Amendment of section 4 of Ch. 371. |
(a) in the proviso to subsection (2),
by the insertion immediately before the words "shall be taken into
account" of the words "(other than credit extended by means of a slot
marker in respect of gaming at slot machines)"; and |
(b) by the insertion immediately after
subsection (6), of the following new subsection - |
|
"slot marker" means a form - |
(a) which is made available to any
person by a casino for the purpose of recording credit extended in respect of
gaming at a slot machine by that person; and |
(b) which, when completed to bear
the name of a bank, an amount of money, a date and a signature, constitutes a
cheque; |
"slot machine" means any mechanical,
electrical or other device, contrivance or machine which upon insertion of a
coin, token or currency is available to play or operate, and may deliver or
entitle the person playing or operating the machine to receive cash, whether
the pay-off is made automatically from the machine or in any other
manner.". |