BETTING CONTROL REGULATIONS 1978 - REG 64
BETTING CONTROL REGULATIONS 1978 - REG 64
64 . Bet back by means of a betting exchange
(1) This regulation
applies if a bet back is made by means of a betting exchange.
(2) The bookmaker who
makes the bet back, or on whose behalf the bet back is made, must
record —
(a) the
details of the bet; and
(b) the
bet as a bet back; and
(c) the
number of the betting ticket.
(3) The bookmaker who
makes the bet back, or on whose behalf the bet back is made, is not permitted
to deduct the amount of the bet back from the total of the bets the bookmaker
has received —
(a) for
the race, race meeting or approved event to which the bet relates; or
(b) for
any other races, race meetings or approved events in relation to which the
bookmaker has accepted bets.
[Regulation 64 inserted: Gazette
14 Jun 2013 p. 2242-3; amended: 25 Jan 2019
p. 201-2.]
[ 65. Deleted: Gazette 13 Oct 2000
p. 5726.]
[ 66‑67. Deleted: Gazette
10 Jul 1992 p. 3293.]