BETTING CONTROL REGULATIONS 1978 - REG 93
BETTING CONTROL REGULATIONS 1978 - REG 93
93 . Time for payment of dividends or refunds for cash bets
(1) Dividends or
refunds are payable in respect of the running of any race or (where relevant)
the holding of any sporting event, subject to subregulation (2), during
the notified hours and days of business for a period of 7 months.
(2) Refunds in respect
of tickets may be paid at any time when the relevant totalisator is open for
the receiving of bets, except that where dividends in respect of the same
ticket may still become payable at a future time refunds due in respect of any
race meeting, race or (where relevant) sporting event to which that ticket
relates are payable only at the same time as, or after, those dividends would
have become payable.
[Regulation 93 inserted: Gazette
21 Jul 2006 p. 2684‑5.]