(1)  This regulation applies if –

(a) the relevant event for a sports bet involves named competitors; and

(b) the venue for the relevant event is changed for any reason before the event starts.

(2)  If the change of venue for a relevant event is officially announced, then, unless the bookmaker and bettor concerned agreed otherwise when the sports bet was made –

(a) the sports bet is off; and

(b) the stake is to be refunded.

Subdivision 4 - General