Cap. 400 ст. 52Saving.

Nothing in this Act shall prejudice the operation of, or shall be deemed to substitute or to derogate any of the provisions of, the Lotteries and Other Games Act.

SCHEDULE

(Article 37)

TAXATION

(1) The casino licensee shall pay to the Authority on behalf of the Government the following rates of taxation:

(a) Table Games:

(i) On total gross takings of all table games played at the casino a sum equivalent to thirty-six per centum (36%).

(ii) On the gross takings generated by junkets approved by the Authority and in accordance with any regulations applicable thereto, on all table games dedicated to the junkets a sum equivalent to fifteen per centum (15%).

(b) Gaming Machines:

(i) On total gross takings of all gaming machines played at the casino a sum equivalent to forty per centum (40%).

(ii) On the gross takings generated by junkets approved by the Authority and in accordance with any regulations applicable thereto, on all gaming machines dedicated to the junkets a sum equivalent to twenty-five per centum (25%).

(2) The tax calculated under item (1) hereof shall be assessed separately and no set-off for any tax or for any loss under any one paragraph shall be allowed.