Act Info:
There shall be charged, levied and paid to the 1[Government of Maharashtra] out of all monies paid into any totalisator by way of stakes or bets a tax on backers hereinafter referred to as the totalisator tax such as rate not exceeding 2[25 per cent.] of every sum so paid as the 3[4[State] Government] may from time to time notify5 in this behalf; and such portion of the monies so paid into a totalisator as is equal to the amount of the totalisator tax at the rate notified as aforesaid by the 3[4[State] Government] in this behalf shall be deemed to have been paid by the backer on account of the totalisator tax and shall be received by the licensees on behalf of the 1[Government of Maharashtra].
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1 These words were substituted for the words " Government of Bombay " by the Maharashtra Adaptation of Laws (State and Concurrent Subjects) Order, 1960.
2 These figures and words were substituted for the figures and words " 15 per cent" by Mah. 8 of 1983, s. 2.
3 The words" Provincial Government" were substituted for the words " Governor in Council" by the Adaptation of Indian Laws Order in Council.
4 This word was substituted for the word" Provincial" by the Adaptation of Laws Order, 1950.
5 For Notification under this section, see Government Notification in the Revenue Department, No. 4397A, dated the 17th June 1926, published in the Bombay Government Gazette, 1926, Part I, p. 1439.