Article 12-3. Deductions from bets carried out by the gambling business organizer, operating as a bookmaker's office or sweepstakes of the Gambling Law

Home / Laws / Article 12-3. Deductions from bets carried out by the gambling business organizer, operating as a bookmaker's office or sweepstakes of the Gambling Law

1. The gambling business organizer operating a bookmaker's office or a totalizator is obliged to make deductions from each accepted bet in the amount determined by the Government of the Republic of Kazakhstan, directed to a single operator engaged in the distribution of extra-budgetary funds aimed at the development of physical culture and sports to the fund of the National Olympic Committee of the Republic of Kazakhstan for the development of Olympic sports and public Kazakhstan Khalkyna Foundation, as well as for the functioning of the unified accounting system and ensuring the activities of the legal entity that ensures the functioning of the unified accounting system (hereinafter referred to as deductions).

2. The gambling business organizer operating the bookmaker's office or the totalizator withholds deductions from each bet accepted at the bookmaker's office or the totalizator's cash desk and, no later than five working days from the end of the quarter, sends the deductions from the bets accepted during the specified quarter to the legal entity that ensures the functioning of the unified accounting system.

3. A legal entity that ensures the functioning of a unified accounting system withholds deductions from each bet accepted at the electronic cash desk of a betting shop or sweepstakes by the gambling business organizer operating the betting shop or sweepstakes using electronic money.

4. A legal entity that ensures the functioning of a unified accounting system, no later than twenty working days from the end of the quarter, sends the total amount of deductions withheld for the quarter, in proportions determined by the Government of the Republic of Kazakhstan, to a single operator engaged in the distribution of extra-budgetary funds aimed at the development of physical culture and sports, to the fund of the National Olympic Committee of the Republic of Kazakhstan. Kazakhstan for the development of Olympic sports and the public fund "Kazakhstan Khalkyna", as well as the functioning of a unified accounting system and ensuring the activities of a legal entity that ensures the functioning of a unified accounting system.

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