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Casino Taxation (Amendment) Act, 2005

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 -
"(7)
In this section -

"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.".


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