Totalisator Act 2014

A licensee is entitled to—

any dividend declared, or other amount refundable to a person, in relation to an event or contingency on which the licensee conducts a totalisator, that is not claimed after the event or contingency happens; and

roundings.

However, a person who is entitled to a dividend or other amount mentioned in subsection (1) (a) may claim the amount from the licensee within 1 year after the event or contingency happened.

In this section:

rounding means an amount that would ordinarily form part of a dividend but is retained by a licensee because the amount worked out as the dividend is rounded down.