Lawful bet by racing bookmaker is taken to be a valid contract

In force

(1)

This section applies if a racing bookmaker at a licensed venue makes a bet with another person as part of the lawful engagement of the racing bookmaker in bookmaking.

(2)

The racing bookmaker is taken to have entered into a valid contract with the other person relating to the bet and may sue or be sued on the contract.

This Act’s bill:Explanatory memorandum Second reading speech

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139 Lawful bet by racing bookmaker is taken to be a valid contract