(1) That in this Resolution the word "totalisator" has the same meaning as it has in the Totalisator Act, 1929 (No. 22 of 1929).
(2) That there shall be charged and levied on every sum which, on or after the 1st day of July, 1941, is staked by means of a totalisator a duty of excise (in this Resolution referred to as totalisator excise duty) at a rate equal to two and one-half per cent. of such sum and the said duty shall be paid by the holder of the licence granted in relation to such totalisator under the Totalisator Act, 1929, and for the time being in force.
(3) That totalisator excise duty shall be charged, levied, and paid notwithstanding anything contained in the Totalisator Act, 1929, or any licence granted or regulations made under that Act.
(4) That totalisator excise duty shall not be charged or levied on any sum which, in accordance with the regulations for the time being in force under the Totalisator Act, 1929, is repayable in full to the holder of the ticket issued from or by the relevant totalisator to the person by whom such sum was staked.
(5) That the Revenue Commissioners may make regulations for securing and collecting totalisator excise duty and may by those regulations apply to the said duty any enactment for the time being in force relating to any duty of excise or to persons carrying on any trade or business which is for the time being subject to the law of excise.
(6) That if any person contravenes (whether by act or omission) any regulation made by the Revenue Commissioners under the next preceding paragraph of this Resolution, he shall be guilty of an offence under this paragraph and shall be liable on summary conviction thereof to an excise penalty of five hundred pounds and any article in respect of which such offence is committed shall be forfeited.
(7) That any officer of the Revenue Commissioners may at any reasonable time enter any premises or place where a totalisator is worked or where any business in connection with the working of a totalisator is conducted or is believed by such officer to be conducted with a view to seeing whether the provisions of this Resolution or any regulations made in pursuance of those provisions are being complied with and, if any person prevents or obstructs such entry, such person shall be guilty of an offence under this paragraph and shall be liable on summary conviction thereof to an excise penalty of one hundred pounds.
(8) It is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act, 1927 (No. 7 of 1927).