Live Music & Events

In South Australia, gambling revenue is distributed to live music through the establishment of a community development fund under section 73C(4) of the South Australian Gaming Machines Act 1992.

This has recently been amended to raise the distribution to $850k per annum.

GAMING MACHINES ACT 1992 – SECT 73C

73C—Community Development Fund

(1)         The Community Development Fund is established.

(2)         The Fund will be kept at Treasury.

(3)         The money paid into the Fund under this Part will from time to time be applied by the Treasurer, in accordance with the directions of the Governor, towards—

(a)         financial assistance for community development; and

(b)         the provision of government health, welfare or education services.

(4)         Despite subsection (3), at least $500 000 must be applied from the Fund in each financial year towards programs that will be of benefit to the live music industry.