Section 2
Gaming tax
(1)
The Minister of Finance may by order published in the
Gazette impose a gaming tax in respect of the amount paid by any person as a bet or an investment in respect of any gaming authorized under any law relating to gaming for the time being in force.
(2)
A gaming tax imposed under subsection (1) shall be paid by the person making the bet or the investment and shall be collected by the promoter of the gaming so authorized and shall be paid into the revenue of the Federation.
(3)
The Minister of Finance may make regulations for the purpose of carrying out or giving effect to the provisions of this section.
(4)
For the purpose of this Act—
(a)
any person making any payment to the promoter for chips or other articles to be used for making a bet or an investment in respect of any gaming shall be 065e.fm Page 5 Friday, March 31, 2006 4:04 PM
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deemed to have made a bet or an investment and the amount so paid shall be deemed to be an amount paid as a bet or an investment; and
(b)
the expression “promoter” includes any agent or employee of the promoter of the gaming.
Amendments to gaming laws