Definition

1   In this regulation:

"executive director" means the Executive Director, Consumer Taxation Branch;

"operator" has the same meaning as in section 1 of the Horse Racing Tax Act.

Retention of commission

2   When an operator delivers to the executive director or to a government agent the tax collected by the operator under the Horse Racing Tax Act, the operator is authorized to retain a commission of 2.5% of the tax collected as remuneration for all services performed in collecting, managing and accounting for that public money.