Betting and Racing Regulation 2022

For the Act, section 33A(2)(b), the following kinds of conditions are prescribed as permissible conditions—

conditions specifying the duration of the approval, including a condition that the approval operates until it expires or is cancelled,

conditions specifying the way in which NSW race field information may be used under the approval,

conditions requiring the approval holder to notify the relevant racing control body of certain matters, including the following—

a change in the persons or bodies with a controlling interest in the approval holder,

a change in the approval holder’s financial circumstances, including insolvency or a significant improvement in wagering turnover,

the commencement of proceedings, including disciplinary action, against the approval holder in New South Wales or elsewhere under legislation or rules in relation to betting or racing,

conditions requiring the approval holder to give the relevant racing control body information, including the approval holder’s financial and wagering records, to enable the body to audit and assess the holder’s compliance with the approval,

conditions specifying the times within which the approval holder must pay fees due under the approval,

conditions requiring the approval holder to give the relevant racing control body information about the approval holder’s wagering turnover in the way and within the times specified in the condition,

if the approval holder conducts wagering operations in Australia—conditions requiring the approval holder to hold, and continue to hold, a licence or authority, however described, under a relevant State or Territory law that authorises the approval holder to carry out wagering operations.

Note—

An approval may be given for a single race or class of races—see the Act, section 33A(1). A class may be defined in many ways, including by geography or time.