Totalizator Act 1997 Totalizator Amendment (Key Employees) Regulation 1999 (1999-354) [GG No 81 of 16.7.1999, p 4992] (NSW)
1999 No 354
| Totalizator Amendment (Key | New South Wales |
Employees) Regulation 1999
under the
Totalizator Act 1997
His Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Totalizator Act 1997.
J. RICHARD FACE, M.P.,
Minister for Gaming and Racing
Explanatory note
The object of this Regulation is to prescribe certain persons as key employees in relation to the conduct of a totalizator for the purposes of the Totalizator Act 1997.
This Regulation is made under the Totalizator Act 1997, including section 5 (1) (definition of key employee) and section 117 (the general regulation-making power).
| Published in Gazette No 81 of 16 July 1999, page 4992 | Page 1 |
| [4] | |
| 1999 No 354 | |
| Clause 1 | Totalizator Amendment (Key Employees) Regulation 1999 |
Totalizator Amendment (Key Employees)
Regulation 1999
1 Name of Regulation
This Regulation is the Totalizator Amendment (Key Employees)
Regulation 1999.
2 Amendment of Totalizator Regulation 1998
The Totalizator Regulation 1998 is amended as set out in
Schedule 1.
3 Notes
The explanatory note does not form part of this Regulation.
Page 2
1999 No 354
Totalizator Amendment (Key Employees) Regulation 1999
| Amendment | Schedule 1 |
| Schedule 1 | Amendment |
(Clause 2)
Clause 6
Insert after clause 5:
6 Key employees
For the purposes of the definition of key employee in section
5 (1) of the Act, the following persons are prescribed:
(a)
any person (whether or not appointed under a contract of service) who is:
(i)
employed in a managerial or supervisory capacity in relation to the conduct of a totalizator by or on behalf of a licensee, or
(ii)
authorised to make decisions, involving the exercise of his or her discretion, that regulate the operations of a licensee in relation to a totalizator conducted by or on behalf of the licensee,
(b)
any person (whether or not appointed under a contract of service) whose duties in relation to the conduct of a totalizator by or on behalf of a licensee include any of the following:
(i) the taking of bets on the totalizator, (ii)
the calculation, determination or declaring of any dividends in the totalizator,
(iii)
involvement in the financial or accounting aspects of the conduct of the totalizator (including any dealing with money invested on the totalizator),
(iv)
the design, construction, creation, operation, repair or maintenance of any device, equipment or computer software that is used in connection with the conduct of the totalizator or that otherwise affects the conduct of the totalizator,
Page 3
1999 No 354
Totalizator Amendment (Key Employees) Regulation 1999
| Schedule 1 | Amendment |
(v) involvement in the security requirements in respect of the totalizator,
except such persons as are employed or engaged in positions identified by the Minister from time to time, by notice in writing served on the licensee, as being outside the scope of this definition.
BY AUTHORITY
Page 4
0
0
0