s 4B
In forceMeaning of security guarantee for a race bookmaking licence
Part 2Race bookmakers and race bookmaker’s agents
Division 2.1General
4B Meaning of security guarantee for a race bookmaking licence
In this Act:
security guarantee, for a person who applies for, or holds, a race bookmaking licence, means 1 or more documents that satisfy the commission about the person’s ability to cover the person’s race bookmaking losses to the amount applying to the person under a determination under section 90 (Security guarantee—determination of minimum amount).
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