New South Wales Consolidated Acts

RACING ADMINISTRATION ACT 1998 - SECT 14

14 Punters’ clubs

(1) A person must not organise or conduct a punters’ club at a race meeting without:

(a) the consent of the racing club conducting the race meeting, and

(b) the written approval of the controlling body responsible for that racing club.

Maximum penalty: 50 penalty units.

(2) In this section:
"punters’ club" means a syndicate that involves a group of persons contributing money into a fund for the purposes of betting that money:

(a) with a totalizator conducted at a race meeting, or

(b) with a licensed bookmaker who is carrying on bookmaking at a race meeting,

but does not include a betting syndicate formed on a social basis only.