Amendment status not verified — confirm the current text below against the official source.
There shall as from the date on -which this Act totalisators comes into fo:ce, be charged, levied and paid to the and paymen~ Government of Assam out of all monies paid into any totali- thereof. ator by way of stakes or bets, a tax on backers, hereinafter seferred to as the totalisator tax, amounting to seven r cr cent. of every sum so paid ; and seven per cent. of pvery sum so paid into a totalisator shall be deemed to have been paid by the backer on account of the totalisator tax, and shall be received by the stewards of the race- meeting on behalf of Government. • 7 P~cdur~