Contents and purpose of Racing and Wagering Fund
151 Contents and purpose of Racing and Wagering Fund
The following must be paid into the Racing and Wagering Fund:
any charges or costs paid to the Commission under this Act;
the levies paid under section 147;
any money appropriated to the Racing and Wagering Fund;
money paid into the Racing and Wagering Fund under any other Act.
The Racing and Wagering Fund is to be used to pay the following:
the remuneration of the Director and members of the Commission;
(b) the costs and expenses of the Director and the Commission exercising their powers or performing their functions under this Act, including the Commission's powers and functions as a race control body;
(c) the costs and expenses of inspectors and persons appointed by the Director or the Commission to exercise powers or perform functions under this Act;
(d) the costs and expenses of training, professional development and education for inspectors, the Director and members and staff of the Commission;
(e) research related to wagering conducted by or for the Director or the Commission;
(f) grants to entities working to assist individuals harmed by wagering in the Territory;
(g) bursaries for education or employment programs related to racing in the Territory.
This Act’s bill:Explanatory statementSecond reading speech
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