New South Wales Consolidated Acts
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RACING ADMINISTRATION ACT 1998 - SECT 26GC
Bookmakers to keep records
26GC Bookmakers to keep records
(1) A bookmaker, including a former bookmaker, must keep a written record,
setting out the true and accurate particulars of: (a) every bet made with the
bookmaker, and
(b) every bet back made by the bookmaker.
(2) The record: (a)
must indicate the horse races, harness races, greyhound races or
sports betting events in connection with which the bets or bets back were made
with or by the bookmaker, and
(b) must include any other particular required
by the relevant controlling body.
(3) The record must be kept in a form
approved by the relevant controlling body.
(4) The record must be kept for at
least 5 years after the bet or bet back to which it relates is made.
Maximum
penalty: 100 penalty units.
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