Authorised Betting Operations Variation Regulations 2004 (SA)

South Australia

Authorised Betting Operations Variation Regulations 2004

under the Authorised Betting Operations Act 2000

Contents

Part 1—Preliminary

1. Short title

2. Commencement

3. Variation provisions

Part 2—Variation of Authorised Betting Operations Regulations 2001

1. Insertion of regulation 3A

   3AMeaning of fixed-odds betting

2. Variation of Schedule—Fees

Part 1—Preliminary

1—Short title

These regulations may be cited as the Authorised Betting Operations Variation Regulations 2004.

2—Commencement

These regulations will come into operation on 1 September 2004.

3—Variation provisions

In these regulations, a provision under a heading referring to the variation of specified regulations varies the regulations so specified.

Part 2—Variation of Authorised Betting Operations Regulations 2001

4—Insertion of regulation 3A

After regulation 3 insert:

3A—Meaning of fixed-odds betting

(1)Pursuant to section 91(2)(ab) of the Act, the following forms of betting on races held by licensed racing clubs, or races that are the subject of approved contingencies, are declared to be fixed-odds betting for the purposes of the Act:

(a)the form of betting where a person makes a bet on a race result at starting price odds;

(b)the form of betting where a person makes a bet on a race result at best price odds;

(c)the form of betting where a person makes a bet on a race result on the basis that the amount payable on a winning bet is the amount that would be payable if the bet had been made as a totalisator bet with—

(i)the holder of the major betting operations licence; or

(ii)if the holder of the major betting operations licence is not conducting off-course totalisator betting in respect of the race, the body authorised to conduct off-course totalisator betting on the race in the jurisdiction in which the race is held,

(ignoring any adjustment to the totalisator dividend that would have resulted if the bet had actually been made as a totalisator bet).

(2)In this regulation—

best price odds means the odds determined—

(a)in the case of a race held by a licensed racing club—by staff of the Commissioner attending the race for the purpose or, in the absence of such staff, by the club; or

(b)in the case of any other race—by the body holding the race,

to be the best price for the race result (the most favourable odds available on the race result at any time);

starting price odds means the odds determined—

(a)in the case of a race held by a licensed racing club—by staff of the Commissioner attending the race for the purpose or, in the absence of such staff, the club; or

(b)in the case of any other race—by the body holding the race,

to be the starting price for the race result (the odds available on the race result immediately before the start of the race).

5—Variation of Schedule—Fees

Schedule, item 3—delete "clerk's" and substitute:

agent's

Note—

As required by section 10AA(2) of the Subordinate Legislation Act 1978, the Minister has certified that, in the Minister's opinion, it is necessary or appropriate that these regulations come into operation as set out in these regulations.

Made by the Governor

with the advice and consent of the Executive Council

on 19 August 2004

No 178 of 2004

T&F04/040CS