Queensland Consolidated Regulations

WAGERING REGULATION 1999 - REG 15Q

15Q Depositing funds for credit with licence operator

(1) An investor may deposit funds with a licence operator to establish a credit for making investments with the licence operator.

(2) A person who wishes to establish a credit with a licence operator must, if asked by the licence operator, produce evidence of a kind required by the chief executive that the person is at least 18 years of age.

(3) The amount of funds deposited to establish a credit must be at least—

(a) if the chief executive approves an amount—the approved amount; or

(b) if the chief executive does not approve an amount—$5.

(4) The licence operator must give the investor a credit ticket.

(5) The credit ticket must have the following printed on it—

(a) the date the ticket was issued;

(b) the amount of credit established;

(c) the number allocated to the ticket by the licence operator;

(d) the expiry date of the ticket.