(1) A betting operator
who is registered or required to apply for registration must, in accordance
with subsection (2), lodge a return for each month specifying the taxable
betting revenue of the betting operator for the month.
Penalty for this subsection: a fine of
$5 000.
(2) The betting
operator must lodge the return —
(a) in
an approved form; and
(b)
within 28 days after the end of the month or within any further period
allowed by the Commissioner.