Approval of rules, systems, procedures and equipment
41 Approval of rules, systems, procedures and equipment
It is a condition of a major betting operations licence or an on-course totalisator betting licence that the following must be approved by the Commissioner:
the rules governing the betting operations conducted under the licence; and
systems and procedures for monitoring and enforcing compliance with those rules and for reporting and dealing with any non-compliance;
and
other systems and procedures, or equipment of a kind, that the
Commissioner determines from time to time to be subject to this section.
Without limiting the matters dealt with by rules, the rules must, for a form of betting in which the actual amounts payable on winning bets are not pre-determined, clearly set out—
the method of calculation of winnings; and
the proportion of money invested that will be retained by the licensee.
It is a condition of a major betting operations licence or an on-course totalisator betting licence that the licensee must ensure—
that the rules are published in a manner approved by the
Commissioner; and
that the operations under the licence conform with the rules and the systems and procedures approved under this section; and
that equipment of a kind that must be approved by the Commissioner is not installed or used unless so approved or contrary to any instructions of the Commissioner.
Before the Commissioner makes a determination for the purposes of subsection (1)(c), the Commissioner must—
give written notice to the licensee concerned of the proposed determination; and
consider any representations made by the licensee about the proposed determination within 14 days after the notice is given or a longer period allowed in the notice.
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