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Can you summarize GACO 50-27-70?
General Provisions > Legislative findings; definitions.
Short Summary
This legal document, part of the Georgia Code, governs the regulation of the bona fide coin operated amusement machine business in Georgia. It establishes that operating such a business is a privilege and not a right. The document aims to prevent unregulated operation of the business and enforce tax obligations related to it. It also aims to prevent unauthorized cash payouts. The document provides definitions for various terms used in the context, including ‘applicant,’ ’licensee,’ ‘bona fide coin operated amusement machine,’ ‘class A machine,’ ‘class B machine,’ ‘distributor,’ ’location license,’ ’location owner or operator,’ ‘manufacturer,’ ‘master license,’ ‘master licensee,’ ’net receipts,’ ‘operator,’ ‘owner,’ ‘permit fee,’ ‘person,’ ‘single play,’ ‘slot machine or any simulation or variation thereof,’ ‘sticker,’ ‘successful player,’ ’temporary location permit,’ and ’location license fee.’ The document also lists examples of bona fide coin operated amusement machines and specifies machines that are not included in the definition. It further defines the terms ‘class A machine’ and ‘class B machine’ based on the rewards provided to successful players. Overall, the document provides a comprehensive framework for the regulation of the bona fide coin operated amusement machine business in Georgia.
Whom does it apply to?
Applicants, licensees, owners, operators, distributors, manufacturers, location owners or operators, and persons involved in the operation of bona fide coin operated amusement machines in Georgia
What does it govern?
Regulation of the bona fide coin operated amusement machine business in Georgia
What are exemptions?
The term 'bona fide coin operated amusement machine' does not include certain machines such as coin-operated washing machines or dryers, vending machines, gas and electric meters, pay telephones, pay toilets, cigarette vending machines, coin-operated scales, coin-operated gumball machines, coin-operated parking meters, coin-operated television sets, coin-operated massage beds, and machines not legally permitted to be operated in Georgia.
What are the Penalties?
Specific penalties for non-compliance or violation of the document's provisions are not mentioned in the provided content.
Jurisdiction
Georgia