Effect on annual licence fee of not being entitled to receive or retain consideration
17 Effect on annual licence fee of not being entitled to receive or retain consideration
Where a person authorised to possess and operate a totalisator, or who is a bookmaker, the licensed manager of the bookmaker, or a licensed employee on behalf of that bookmaker has made a bet on a race or sporting event and has included the bet in a record or return as required under this Act, if it appears to the Commission that because of a decision of a competent authority controlling the race or sporting event or betting in respect of the race or sporting event, that person is not entitled to receive or retain the whole or part of the consideration for the bet, the Commission shall exempt that person from any liability for the payment of an annual licence fee in respect of —
a bookmaker’s licence; or
an authorisation to possess and operate a totalisator,
in respect of the consideration not to be received or retained and if that person has already paid it, the Commission shall refund it to that person on demand.
[Section 17 amended: No. 6 of 1987 s. 12; No. 11 of 1992 s. 39; No. 63 of 1995 s. 54; No. 13 of 2002 s. 14; No. 35 of 2003 s. 102; No. 37 of 2018 s. 56.]
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.