Prohibited inducements

In force

A racing bookmaker or a person acting for a racing bookmaker must not offer, or cause to be offered, to a person who is in Queensland (a relevant person) any credit, voucher, reward or other benefit as an incentive for the relevant person—

(a)

to open an interactive betting account with the racing bookmaker; or

(b)

to refer another person to the racing bookmaker for the purpose of that person opening an interactive betting account with the racing bookmaker; or

(c)

to make bets through the racing bookmaker’s telecommunications system; or

(d)

to refer another person to the racing bookmaker to make bets through the racing bookmaker’s telecommunications system; or

(e)

not to close an interactive betting account with the racing bookmaker after the relevant person asks the racing bookmaker to close the account.

Maximum penalty—

(a)

for an individual—20 penalty units; or

(b)

for a corporation—200 penalty units.

This Act’s bill:Explanatory memorandum Second reading speech

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134B Prohibited inducements