Section 2
Duty on bets and sweepstakes
of Betting and Sweepstake Duties Act 1948
On every bet made on any totalisator or pari-mutuel promoted by the Board or any racing club established in Peninsular Malaysia or association in accordance with any approved scheme under
*NOTE—This Act is applicable to Sabah dan Sarawak–vide P.U. (A) 377/1991 and applicable to
Federal Territory of Labuan–vide P.U. (A) 376/1991.
ACT 201 6
section 16 of the Racing (Totalisator Board) Act 1961, there shall be charged a duty which shall be such per centum of the amount of the bet as the Minister of Finance may from time to time fix by order published in the Gazette.
(2)
On every sweepstake promoted by any racing club established in Peninsular Malaysia or association on the result of a horse race or other race, whether such race takes place in, or outside Malaysia, there shall be charged a duty which shall be such per centum of the amount contributed towards such sweepstake, as the Minister of Finance may from time to time fix by order published in the
Gazette.