58—Amendment of section 91—Regulations
(1) Section 91(2)—after paragraph (ab) insert:
(ac) require licensed racing clubs or licensed bookmakers to pay unclaimed winnings or totalisator fractions (or both) to the Treasurer;
(2) Section 91(2)(c)—delete "$5 000" and substitute:
$20 000
(3) Section 91—after subsection (3) insert:
(4) The Governor may, by regulation, make provisions of a saving or transitional nature consequent on the enactment of Part 2 of the Statutes Amendment (Budget 2016) Act 2016
.
(5) A provision of a regulation referred to in subsection (4)
may, if the regulation so provides, take effect from the commencement of Part 2 of the Statutes Amendment (Budget 2016) Act 2016
or from a later day.
(6) To the extent to which a provision takes effect under subsection (5)
from a day earlier than the day of the regulation's publication in the Gazette, the provision does not operate to the disadvantage of a person by—
(a) decreasing the person's rights; or
(b) imposing liabilities on the person.