New South Wales Consolidated Acts
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BETTING AND RACING ACT 1998 - SECT 8
Conditions of racecourse licence
(1) A racecourse licence is subject to the following conditions-- (a) betting
or wagering on the licensed racecourse is prohibited, except for betting on
races or declared betting events,
(b) the licensee must keep its records and
accounts in respect of its income and expenditure in relation to
race meetings, and in relation to any lawful betting that is carried on at the
racecourse, separate from its other records and accounts.
(2) A
racecourse licence is subject to such other conditions as the Minister may,
from time to time, impose in respect of the licence by notice in writing given
to the licensee.
(3) A racecourse licence that is held by a
non-proprietary association is also subject to the condition referred to in
section 11.
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