Totalisator Agency Board Amendment Rules 2002 (WA)
1 November 2002 GOVERNMENT GAZETTE, WA 5373 RG301*
Totalisator Agency Board Betting Act 1960
Totalisator Agency Board Amendment
Legislation of Western Australia, Table 4, p. 336.]
Rules 2002
Made by the Totalisator Agency Board under section 15 of the Act.
1. Citation
These rules may be cited as the Totalisator Agency Board
Amendment Rules 2002.2. The rules amended
The amendments in these rules are to the Totalisator Agency
Board Rules 1961*.[* Reprinted as at 24 November 1992. For amendments to 24 October 2002 see 2001 Index to
| 5374 | GOVERNMENT GAZETTE, WA | 1 November 2002 |
3. Rules 17 and 18 inserted
After rule 16, the following rules are inserted -
17. Financial provisions - interpretation
In this rule and in rule 18—
"Agency Manual" means the relevant manual ofconduct and any relevant agency circulars -
(a)
with which an agent of the TAB has been issued; and
(b)
that the agent is obliged to follow by virtue of that agent's agency agreement;
"agency settlement" means a monetary settlement
between the TAB and an agent conducted in
accordance with the Agency Manual;
"PubTab agreement" means an agency agreement
between the TAB and a person, allowing that
person to operate as a totalisator agent at licensedpremises;
"relevant period" means the period between two
consecutive agency settlements;
"uncleared cheque" means a cheque in relation to
which a financial institution has not made a
payment or other funds transfer based on that
cheque.18. Acceptance of uncleared cheques
(I) An agent appointed under a PubTab agreement can
only accept an uncleared cheque as payment for a bet if
that uncleared cheque, when added to the uncleared
cheques already accepted by the agent during therelevant period, does not result in a total amount that is
more than the value of the agent's bond.
(2) An agent appointed under an agency agreement other
than a PubTab agreement (including a fixed term
agency agreement) can only accept an uncleared
cheque as payment for a bet if that uncleared cheque,
when added to the uncleared cheques already accepted
by the agent during the relevant period, does not resultin a total amount that is -
(a)
more than $20 000 (where an amount is not specified in a separate letter of notification received by the agent from the TAB); or
(b)
more than an amount that has been specified as being appropriate for a particular agent, and is set Out in a separate letter of notification received by that agent from the TAB.
1 November 2002 GOVERNMENT GAZETTE, WA 5375
Approved by resolution of the Board 24/6/2002 The Common Seal of the ) Totalisator Agency Board ) was affixed by authority of
) LS the Board in the presence of ) at least 2 of the following — )
RAY BENNETT
Manager
Member
JULIAN HILTON-BARBER
Secretary
0
0
0