Northern Territory Consolidated Acts

RACING AND BETTING ACT - SECT 80

(1) The Commission may discipline a bookmaker by reprimanding him, imposing on him a fine not exceeding $2,000 or, in the case of a sports bookmaker, not exceeding $20,000 or suspending or cancelling a licence or permit granted under this Part if it is satisfied that the bookmaker -

(a) has committed an offence against this Act or rules made under section 83 or has failed to perform a duty required of him by this Act;

(b) has failed to pay, within 3 days after having been required by the Commission to do so, a bet accepted by him that is a winning bet;

(c) has entered into an arrangement with a person under which that person derives or is entitled to derive a benefit or advantage, unless that person is a person whose name is endorsed on the licence or permit of the bookmaker as provided by section 90(5) or 102(5) or unless the arrangement has been approved by the Commission; or

(d) has failed to comply with a condition of his licence or permit.

(1A) The Commission -

(a) may suspend a licence granted under this Part to a bookmaker if the bookmaker fails to pay the annual licence fee within 30 days after the date on which the fee is payable; or

(b) may cancel a licence granted under this Part to a bookmaker if the bookmaker fails to pay the annual licence fee within 90 days after the date on which the fee is payable.

(2) The Commission shall cancel the licence or permit of a bookmaker if it is satisfied that the bookmaker is not a fit and proper person to continue to hold his licence or permit.

(3) The Commission shall cancel the licence or permit of a bookmaker upon receiving from him a request in writing for the Commission to do so.

(4) Where a court, in pursuance of a power conferred on it by this Part, orders that a bookmaker deliver up his licence or permit to the Commission for suspension for a period or for cancellation, the Commission, upon the delivery up of the licence or permit, shall suspend it for that period or cancel it, as the case requires.

(5) Where the Commission cancels the licence or permit of a bookmaker, it shall inquire whether all bets accepted by the bookmaker that are winning bets have been paid by him, and -

(a) where it is satisfied that all such bets have been paid - shall vacate the security that it holds under section 72 in respect of the bookmaker; or

(b) in any other case - shall realize that security and divide the proceeds, as prescribed, among the persons who made those winning bets.

(6) Where the Commission suspends the licence or permit of a bookmaker, the licence or permit is, during the period of the suspension, of no effect.