Application of this Act to events
4B Application of this Act to events
This Act applies to the conduct of betting, by the holder of a bookmaker’s licence endorsed to authorise such betting, on an event or a contingency where bookmaking on that event, or that contingency, has been approved by the Commission under this section.
The Commission may approve bookmaking on or in relation to an event or a contingency, except a prohibited event or contingency.
An approval given under subsection (2) shall as soon as is practicable after it has been given be notified in the Gazette, and may be made subject to conditions, or to requirements as to the recording of bets, specified in that approval.
The holder of a bookmaker’s licence endorsed to authorise bookmaking on an event or a contingency must comply with the conditions and requirements to which the approval of bookmaking on the event or contingency is subject under subsection (3).
Penalty for this subsection: a fine of $10 000.
It shall be a condition deemed to be applicable to every approval under this section that the bookmaking is carried on —
at a race course; and
subject to a permit having been granted or endorsed for betting of that kind by the committee or other authority controlling the race course,
in accordance with section 12.
The Commission shall have the same functions, and may exercise like powers and perform like duties, in relation to betting on events other than races as in relation to a race.
[Section 4B inserted: No. 11 of 1992 s. 28; amended: No. 63 of 1995 s. 44; No. 17 of 1998 s. 6; No. 35 of 2003 s. 102; No. 41 of 2018 s. 5; No. 53 of 2024 s. 5.]
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