Northern Territory Repealed Regulations

This legislation has been repealed.

TOTALISATOR RULES

NORTHERN TERRITORY OF AUSTRALIA

TOTALISATOR RULES

As in force at 30 June 2000

Table of provisions

NORTHERN TERRITORY OF AUSTRALIA

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This reprint shows the Rules as in force at 30 June 2000. Any amendments that commence after that date are not included.

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TOTALISATOR RULES

Rules under the Totalisator Licensing and Regulation Act

1. Citation

These Rules may be cited as the Totalisator Rules.

1. Interpretation

(1) In these Rules, unless the contrary intention appears, Queensland Wagering Rule means the Wagering Rule 1999 of the State of Queensland as in force from time to time except for sections 1, 2, 5, 6, 12, 13, 15A, 16, 16A, 17, 17A, 42, 45A, 46 and 47 of that Rule or a section of that Rule (if any) as in force from time to time after the commencement of these Rules that re-enacts, whether with or without modification, one or more of those sections.

(2) A reference in these Rules to these Rules includes a reference to the Queensland Wagering Rule incorporated and applied under rule 3.

1. Application of Queensland Wagering Rule in the Territory

(1) The Queensland Wagering Rule is incorporated as part of these Rules and, subject to subrule (2), applies as a law of the Territory as part of these Rules.

(2) The Queensland Wagering Rule applies and has force in the Territory as it would if:

(a) an expression defined in the Act and used in the Queensland Wagering Rule were to have the same meaning as in the Act;

(b) a reference in it to the chief executive were a reference to the authority;

(c) a reference in it to a deposit account were a reference to a betting account;

(d) a reference in it to an event, sporting event or contingency were a reference to an event, sport or activity (as the case may require);

(e) a reference in it to an investment were a reference to a bet made under the Act that is not refunded;

(f) a reference in it to an investor were a reference to a person who makes a bet;

(g) a reference in it to an authority operator or licence operator were a reference to a licensee and, if appropriate, were including a reference to a licensee's agent and an employee of a licensee or an agent;

(h) a reference to a racing totalisator, sporting event totalisator or sports totalisator were a reference to a totalisator;

(j) a reference to a race wagering licence, sports wagering licence or wagering licence were a reference to a licence; and

(k) a reference to race wagering or sports wagering were a reference to wagering.

1. Amount to be paid as dividend

(1) The total amount that under these Rules is to be paid out by a licensee as dividends is the amount that equals B − C.

(2) In subrule (1):

B means the total amount of bets made with the licensee or any agents of the licensee less the amount of the bets that are refunded.

C means the licensee's commission deducted in relation to those bets.

(3) In calculating a dividend:

(a) a fraction of 10c less than 5c is to be disregarded; and

(b) a fraction of 10c equal to or greater than 5c is to be taken to be 5c.

(4) After calculating the dividends to be paid, the licensee may retain any amounts that because of subrule (3) are not paid out as dividends.

1. Claim for payment of dividend

(1) A claim for the payment of a dividend on a bet is to be made within 12 months after the race, sport, event or activity to which the dividend relates occurred.

(2) A claim for the payment of a dividend is to be made by giving to the licensee, licensee's agent or an employee of the licensee or agent the ticket issued in respect of the bet on which the dividend is to be paid.

(3) If the payment of a dividend is not claimed within the period of 12 months referred to in subrule (1), the amount of the dividend may be retained by the licensee with whom the bet was made.

1. Commission

(1) A licensee:

(a) may, in respect of each totalisator conducted by the licensee, deduct as commission the amount that is not more than the amount calculated under subrule (2); and

(b) in doing so – must not in a financial year deduct more than the amount calculated under subrule (4).

(2) The amount of commission that a licensee may deduct is the amount calculated using the formula B ÷ 4.

(3) In subrule (2), B means the total amount of bets made on a totalisator conducted by the licensee less the amount of the bets that are refunded.

(4) The amount of commission that a licensee must not deduct more than in a financial year is the amount calculated using the formula (4 × Y) ÷ 25.

(5) In subrule (4), Y means the total amount of bets made on totalisators conducted by the licensee in the financial year less the amount of the bets that are refunded.

ENDNOTES

1 KEY

Key to abbreviations

amd = amended od = order
app = appendix om = omitted
bl = by-law pt = Part
ch = Chapter r = regulation/rule
cl = clause rem = remainder
div = Division renum = renumbered
exp = expires/expired rep = repealed
f = forms s = section
Gaz = Gazette sch = Schedule
hdg = heading sdiv = Subdivision
ins = inserted SL = Subordinate Legislation
lt = long title sub = substituted

nc = not commenced

2 LIST OF LEGISLATION