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GAMING CONTROL ACT 1993 - SECT 76XB Additional conditions on Tasmanian gaming licence with betting exchange endorsement

GAMING CONTROL ACT 1993 - SECT 76XB

Additional conditions on Tasmanian gaming licence with betting exchange endorsement

A Tasmanian gaming licence with a betting exchange endorsement, in addition to any other conditions in respect of it, is subject to the following special conditions:
(a) the licensed provider must only broker wagering for registered players;
(b) the wagering funds of registered players are to be held in trust by the licensed provider (or by an agent of the licensed provider approved by the Commission);
(c) the licensed provider must, in taking any betting exchange commission authorised under section 76ZDD , comply with such conditions as the Commission specifies in the authorisation.