Under the new venue operator based arrangement that came into effect 16 August 2012, gaming venue operators are required to pay a supervision charge to recover the costs of regulating the gaming industry in Victoria.
8.0 Supervision charge
To help determine the most suitable method for the supervision charge, the Department of Treasury and Finance prepared a regulatory impact statement and facilitated a public consultation process. After considering submissions, the Treasurer determined to proceed with a two-tiered charge.
The Treasurer announced the 2012-2013 supervision charge and issued a Gazette Notice (PDF: 4,230KB) on Thursday 5 December 2013.
How it works
The supervision charge is calculated:
Per entitlement unit charge X the number of entitlements held by the venue operator
The first payment for the supervision charge applies to the period of August 2012 to June 2013.
Venue operators will have six months to pay from the date of invoice. If the invoice has not been paid by the specified due date, venues will be liable for penalty interest on the amount outstanding which is calculated at a rate of 20% per annum.
The VGCCC collects the supervision charge from venue operators and distributes the revenue to Treasury.
If you have any queries about the supervision charge, please contact the VGCCC on 1300 182 457 or by email [email protected].