Racing Administration Amendment (Approval Conditions) Regulation 2014 (NSW)

New South Wales

Racing Administration Amendment

(Approval Conditions) Regulation 2014

under the

Racing Administration Act 1998

His Excellency the Governor, with the advice of the Executive Council, has made the following

Regulation under the Racing Administration Act 1998.

TROY GRANT, MP

Minister for Hospitality, Gaming and Racing

Explanatory note
The object of this Regulation is to add to the conditions that may be imposed on a race field information use approval held by a wagering operator (which allows the wagering operator to use NSW race field information). Any such condition may require the wagering operator to accept a bet, up to a maximum amount specified in the condition, at odds that are publicly displayed by the wagering operator. The condition may also prohibit the wagering operator from doing anything to avoid compliance with the condition, such as closing or placing restrictions on a person’s betting account.

This Regulation is made under the Racing Administration Act 1998, including sections 33A (2) (b) and (4) and 37 (the general regulation-making power).

Racing Administration Amendment (Approval Conditions)

Regulation 2014

under the

Racing Administration Act 1998

1      Name of Regulation

This Regulation is the Racing Administration Amendment (Approval Conditions)
Regulation 2014.

2      Commencement

This Regulation commences on the day on which it is published on the NSW legislation website.

Schedule 1 Amendment of Racing Administration Regulation
2012

[1]      Clause 17 Other conditions on race field information use approvals: section 33A (2) (b)

Insert after clause 17 (h) (viii):

(ix)      requiring the approval holder to accept a bet, up to a maximum amount specified in the condition, at odds that are publicly displayed by the approval holder (including by requiring the approval holder to do anything to comply, or not do anything to avoid compliance, with the condition, such as closing or placing restrictions on a person’s betting account).

[2]      Clause 17 (2)

Insert at the end of clause 17:

(2)

Despite clause 18, an approval may be varied by a relevant racing control body to impose a condition referred to in clause 17 (1) (h) (ix) at any time on the grounds that the relevant racing control body considers that the imposition of the condition is necessary.

(3)

In this clause:
publicly display odds, means to display odds to the public generally including,
but not limited to:

(a)	on a semaphore board, or
(b)	at an electronic betting terminal, or
(c)	on a website without requiring a person to identify himself or herself (for example, by requiring a person to log in or to provide personal information).