NO RENEWAL
In recent years the Government has made a rebate to racing ana trotting clubs of one per cent oil totalisator and many institutions have consequently benefited by material additions to their fundS. At the recent Racing Conference the president said: ''It is only right that the one per cent refund should be made permanent." Evidently the Minister of Internal Affairs was not of the same opinion, for last week information was renewed by those interested to the effect that the one per cent allowance had been cancelled. For many years the Government revenue from the Sport of Kings has been increasingly large, and it will now be even larger for racing clubs in addition to losing the rebate hero referred to, v.ve- called upon to pay Is in the £ on their annual profits las the Social Security levy.
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https://paperspast.natlib.govt.nz/newspapers/BPB19390825.2.4
Bibliographic details
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Bay of Plenty Beacon, Volume 1, Issue 54, 25 August 1939, Page 2
Word count
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140NO RENEWAL Bay of Plenty Beacon, Volume 1, Issue 54, 25 August 1939, Page 2
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