(1) A person who makes an investment on a totalizator with respect to a race knowing that the race has already finished is guilty of an offence.: Maximum penalty--50 penalty units.
(2) If the Local Court finds a person guilty of an offence against this section, the Court may, in addition to any penalty imposed for the offence, order the person to pay an amount equal to the amount (if any) derived from the investment concerned.
(3) Any amount recovered under subsection (2) is required to be paid into the Consolidated Fund.