CHAPTER 42

AN ACT TO AMEND CHAPTER 3, TITLE 28, DELAWARE CODE, RELATING TO HORSE RACING.

pari-mutuel or totalizer pools to the licensee operating a racing meet, 81/4 per cent of the total contributions to all parimutuel and total-

out all of said section, including subsections (a), (b), Treasurer.

and each check shall be transmitted by the licensee to the Corn-the tax is due. If the Commission finds each of the payments to be correct, it shall forthwith transmit said checks to the State striking out the last two sentences therefrom and inserting in all sources derived by the licensee during the fiscal year covered by such statement.

Section 2. § 365, title 28, Delaware Code, is amended by lieu thereof the following:

Commission no later than Wednesday following the week for which (c) and (d) thereof, and inserting in lieu thereof the following:

§ 366. Licensee's commission on parimutuel totalizer 4 months after the close of its fiscal year a statement, duly certied by an independent public accountant, of its receipts from all sources whatsoever during such fiscal year and all expenses and disbursements, itemized in the manner and form directed by the Commission. The statement shall also show the net revenue from striking out all of said section, including subsections (a), (b) and (c), and inserting in lieu thereof the following:

The Commission shall authorize as commissions on pariSection 3. § 366, title 28, Delaware Code, is amended by The tax shall be paid by certified check on a weekly basis Every licensee shall file with the Commission, not later than Section 1. § 329, title 28, Delaware Code, is amended by Be it enacted by the General Assembly of the State of Delaware:

§ 329. Licensee's annual financial statement pools

izer pools conducted or made at the racing meet, and at every race or meeting, plus one-half of the odd cents of all redistributions to be made on all parimutuel or totalizer pool contributions, exceeding the sum equal to the next lowest multiple of 10, such odd cents to be calculated upon the basis of each dollar wagered.

Approved June 26, 1967.