Betting and Gaming levy Act
THE amount of the levy payable by a person carrying on the business of bookmaker for every year specified in Column I hereto, shall be equivalent to the amount specified in the corresponding entry in Column II hereto -
Column I | Column II |
|---|---|
Year | Amount of Levy |
For every year commencing | |
(i) through Agents. | one million rupees |
(ii) where live telecast | three hundred thousand rupees |
(iii) where live telecast | fifty thousand rupees. |
No, this is not some leaked draft legislation of our country but the law in the island nation Sri Lanka as amended in the year 2006.