Northern Territory Consolidated Acts

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RACING AND BETTING ACT 1983 - SECT 109N

Operator of betting exchange must be licensed

    (1)     A person must not operate a betting exchange at premises unless the person is the holder of a betting exchange licence permitting the operation of a betting exchange at the premises.

Maximum penalty:     For a first offence – not less than 60 penalty units and not more than 105 penalty units.

    For a second offence – not less than 105 penalty units and not more than 215 penalty units.

    For a third or subsequent offence – not less than 215 penalty units and not more than 430 penalty units.

    (2)     A person who is, or appears to be, operating a betting exchange must, on demand by a betting inspector, produce the person's betting exchange licence.

Maximum penalty:     8 penalty units.



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