Northern Territory Numbered Acts Northern Territory Numbered Acts(1) A betting exchange licensee and sports bookmaker licensee must not accept a wager from a person unless:
(a) the person opens and holds an account with the licensee; and
(b) the person is identified in accordance with the Anti-Money Laundering and Counter-Terrorism Financing Rules Instrument 2007 (No. 1) (Cth).
(2) A licensee is exempt from subsection (1) if the licensee:
(a) holds a licence under the Totalisator Licensing and Regulation Act 2000 ; and
(b) accepts the wager from a customer present at the licensee's retail premises.
(3) A betting exchange licensee and sports bookmaker licensee must close an open customer account if the licensee becomes aware that false information of identity was used to open the account.