45. Every organizer holding a permit that is valid for a sports event shall pay duties to the board for an amount that is either a percentage of the gross receipts of the sports event or an amount, determined by regulation, less any amount required by regulation as fees for the issue of the permit.
Duties are paid according to the terms and at the time determined by regulation.
For the purposes of this section, gross receipts are the receipts derived from the sale of tickets and from broadcasting or rebroadcasting rights, less applicable taxes.
1979, c. 86, s. 45; 1986, c. 50, s. 12; 1996, c. 2, s. 892; 1997, c. 79, s. 17.