New South Wales Consolidated Acts
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TOTALIZATOR ACT 1997 - SECT 17
Requirements for conduct of on-course totalizators by racing clubs
(1) A
totalizator established and conducted pursuant to this Act by a racing club on
a racecourse on which no authorised betting auditorium is established and
conducted may be used only: (a) on days on which race meetings are scheduled
to be held on the racecourse, and
(b) in connection with races scheduled to
be run on any such day or on any subsequent day on the racecourse or on any
other racecourse within or outside New South Wales.
(2) Any totalizator
established and conducted pursuant to this Act by a racing club on a
racecourse on which an authorised betting auditorium is established and
conducted may be used in connection with any races to be run on that
racecourse or on any other racecourse within or outside New South Wales.
(3)
If both TAB and a racing club are conducting a totalizator in respect of the
same event or contingency, all bets made with the racing club in respect of
the event or contingency: (a) are to be received by the racing club as agent
for TAB, and
(b) are to be paid by the racing club into the totalizator
conducted by TAB and are to form part of the money invested in that
totalizator on the event or contingency.
(4) It is a condition of a licence
under this Act held by a racing club or by TAB that the licensee is to give
effect to the requirements of subsection (3) in respect of bets made with the
racing club.
Note: Because the bets referred to in subsection (3) are treated
as bets received by TAB the commission that can be deducted from the bets is
deducted by TAB and not by the racing club. TAB pays the betting tax on the
commission deducted and the racing club is not liable for that tax.
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