s 23

Rules for sports bookmaking

In force

(1)

The commission may, in writing, determine rules for sports bookmaking.

(2)

In particular, rules for sports bookmaking may make provision about—

(a)

minimum bets; and

(b)

methods of betting, including arrangements for the use of telecommunications equipment; and

(c)

requirements for the giving of security for liability to backers for long-term bets; and

(d)

requirements for record keeping by sports bookmakers; and

(e)

audit requirements for sports bookmakers.

(3)

A determination under this section is a disallowable instrument.

Division 3.2 Sports bookmaking licences

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