(1)  For the purposes of section 54B(2)(b) of the Act, the following kinds of conditions are prescribed as permissible conditions:

(a) conditions specifying the duration of the approval (including conditions that the approval operates until it expires or is cancelled);

(b) conditions specifying the manner of publication that is authorised under the approval;

(c) conditions specifying events that must be notified to the Director, including, but not limited to, the following events:

(i) a change in the persons or bodies having a controlling interest in the approval holder;

(ii) a change in financial circumstances of the approval holder (such as the insolvency of the approval holder or a significant improvement in the wagering revenue of the approval holder);

(iii) the commencement (in Tasmania or elsewhere) of any prosecution or disciplinary action against the approval holder under any legislation, rules of racing or rules of betting;

(d) conditions requiring the approval holder to provide the Director with information and access to enable the Director to audit and assess the approval holder's compliance with the approval (including access to the approval holder's financial and wagering records);

(e) conditions specifying the times within which the approval holder must pay any fees due under the approval (for example, monthly);

(f) conditions requiring the approval holder to provide the Director with details of the approval holder's gross revenue and specifying the manner and form (for example, electronically) in which, and the times within which, those details must be provided to the Director (for example, monthly);

(g) if the approval holder conducts wagering operations in Australia, a condition that requires the approval holder to hold (and continue to hold) an appropriate licence or authority (however described) under relevant State or Territory legislation that authorises it to carry out those wagering operations;

(h) conditions relating to the preservation of the integrity and reputation of the relevant kind of racing in Tasmania including, but not limited to, the following conditions:

(i) requiring the approval holder to provide the Director with access to all the approval holder's betting information and analyses in relation to the race field information covered by the approval;

(ii) requiring the approval holder to furnish information to any inquiry or investigation specified by the Director within the time specified by the Director;

(iii) requiring the approval holder to cooperate with any inquiry or investigation specified by the Director, including by providing requested details of any betting account to the inquiry or investigation;

(iv) requiring the approval holder to permit the Director to monitor wagering activity that relates to the race field information covered by the approval;

(v) requiring the approval holder not to open or maintain any account for a person who is the subject of a warning-off notice issued by a specified body, registered club, steward or the Director or who is disqualified from participating in any racing activities by a specified body, steward or the Director;

(vi) requiring the approval holder not to open an account for a person who has not properly established his or her identity (for example, by way of the 100-point identification checks commonly used by authorised deposit-taking institutions);

(vii) requiring the approval holder to use a secure computer system, or other system approved by the Director, for the approval holder's wagering operations to ensure that a proper audit trail of all wagers is kept;

(viii) requiring the approval holder to participate in any online wagering monitoring system specified by the Director.

Note

An approval may relate to a single race or a class of races. A class may be defined in many ways including geography, time or category.

(2)  For the purposes of subregulation (1)(h)(v) , " specified body " means any of the following:

(a) Tasracing;

(b) the relevant racing control body of another State or a Territory that is responsible for each code of racing in that State or Territory;

(c) the Australian Racing Board;

(d) Harness Racing Australia Inc.;

(e) Greyhounds Australasia Limited.