New South Wales Consolidated Acts

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TOTALIZATOR ACT 1997 - SECT 103B

Keeping and retention of records by licensee

103B Keeping and retention of records by licensee

(1) It is a condition of a licence that the licensee must ensure that all documents relating to the conduct of the totalizator under the licence are--
(a) kept at the principal place of business in New South Wales of the licensee or at such other place as the Minister approves in writing, and
(b) retained for not less than 7 years after the completion of the transactions to which they relate.
(2) It is a condition of a licence that the licensee must ensure that all documents relating to the operations of the licensee under the licence are--
(a) kept at the principal place of business in New South Wales of the licensee or at such other place as the Minister approves in writing, and
(b) retained for not less than 7 years after the completion of the transactions to which they relate.
(3) The Minister may by instrument in writing grant an exemption to the licensee from all or specified requirements of this section in respect of all or specified, or specified classes of, documents and may grant such an exemption subject to conditions.



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