As in force at 8 July 2020

Table of provisions

1 Citation

2 Incorporation of relevant Queensland rules

3 Amount to be paid as dividend

4 Claim for payment of dividend

5 Commission
 

ENDNOTES

NORTHERN TERRITORY OF AUSTRALIA

As in force at 8 July 2020

TOTALISATOR LICENSING AND REGULATION (WAGERING)
RULES 2020

Rules under the Totalisator Licensing and Regulation Act 2000

1 Citation

These Rules may be cited as the Totalisator Licensing and Regulation (Wagering) Rules 2011.

2 Incorporation of relevant Queensland rules

(1) The relevant Queensland rules are incorporated as part of these Rules.

(2) For subrule (1), the relevant Queensland rules are:

(a) the Wagering Rule (Qld), published by the Queensland Office of Liquor and Gaming Regulation, as in force from time to time; and

(b) sections 15 to 15Y of the Wagering Regulation 1999 (Qld) as in force from time to time.

(3) However, the following sections of the Wagering Rule (Qld) are excluded from the relevant Queensland rules:

(c) sections 1 and 2 as in force from time to time;

(d) if a section mentioned in paragraph (a) is repealed and reenacted – that section as in force from time to time.

(4) The relevant Queensland rules apply as follows:

(e) if an expression used in those rules is defined in the Act – the expression has the same meaning as in the Act;

(f) a reference in those rules to the chief executive is taken to be a reference to the Director;

(c) a reference in those rules to a deposit account is taken to be a reference to a betting account;

(g) a reference in those rules to an event, sporting event or
contingency is taken to be a reference to an event, sport or
activity;

(h) a reference in those rules to an investment is taken to be a
reference to a bet made under the Act that is not refunded;

(i) a reference in those rules to an investor is taken to be a
reference to a person who makes a bet;

(j) a reference in those rules to an authority operator or licence
operator is taken to be a reference to a licensee and, if
appropriate, includes a reference to an employee of a licensee
or an agent;

(k) a reference in those rules to a sporting event totalisator or
sports totalisator is taken to be a reference to a totalisator;

(l) a reference in those rules to a race wagering licence, sports
wagering licence or wagering licence is taken to be a reference
to a licence;

(m) a reference in those rules to race wagering or sports wagering
is taken to be a reference to wagering.

Note for subrule (4)(g)

For the extended application of this paragraph see section 3(3) and (4) of the Act and the definition of this Act in section 17 of the Interpretation Act 1978.

3 Amount to be paid as dividend

(1) The total amount that a licensee may pay as dividends on bets placed with the licensee is the amount that is equal to B - C.

(2) For subrule (1):

(a) B is the total amount of bets placed with the licensee less the amount of refunded bets; and

(b) C is the licensee's commission deducted in relation to those bets.

(3) In calculating a dividend:

(a) an amount of 10c less than 5c must be disregarded; and

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

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

4 Claim for payment of dividend

(1) A person who claims the payment of a dividend on a bet placed with
a licensee must do so within 12 months after the occurrence of the
race or event, sport or activity to which the dividend relates.

(2) The person makes the claim by giving the ticket issued for the bet to
the licensee or a person employed by the licensee.

(3) If the person does not make the claim within the period mentioned in subrule (1), the licensee may keep the dividend.

5 Commission

(4) A licensee may deduct a commission from the total amount invested
in each totalisator conducted by the licensee.

(5) For each totalisator conducted by a Licensee, the commission must
not exceed 25% of the total amount invested in the totalisator.

(6) For this rule, the total amount invested in a totalisator is the total
amount of bets made on the totalisator less the amount of refunded bets.

ENDNOTES

1 KEY

Key to abbreviations

2 LIST OF LEGISLATION

3 GENERAL AMENDMENTS

General amendments of a formal nature (which are not referred to in the table of amendments to this reprint) are made by the Interpretation Legislation Amendment Act 2018 (Act No. 22, 2018) to: rr 1 and 2.