AustLII Tasmanian Numbered Regulations

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RACING (MISCELLANEOUS) REGULATIONS 2004 (S.R. 2004, NO. 168) - REG 3

Interpretation

In these regulations –
Act means the Racing Regulation Act 2004 ;
commission means the monthly commission that a registered bookmaker is required to pay to the Director under section 83 of the Act;
guarantor , in relation to a registration bond, means the person who, on applying for registration as a bookmaker or for a telephone betting endorsement, gave the Director the registration bond;
registration bond means a bond of indemnity or other form of security given under section 59 or 74 of the Act;
security amount means the amount of the cash, money on fixed deposit, bond, guarantee, government security or other kind of security comprising a registration bond;
surety means a person who goes surety for a guarantor in respect of a registration bond.


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