S. 4.2.7(1) amended by No. 13/2023 s. 17(a).
(1) If the Commission disallows a betting exchange rule under which bets have been accepted in relation to a horse race, harness race or greyhound race or other competition or event that does not occur before that disallowance takes effect, the Commission may direct, in writing, the wagering and betting licensee who made the rule to settle or deal with those bets in the manner specified in the direction.
S. 4.2.7(2) amended by No. 13/2023 s. 17(b).
(2) A wagering and betting licensee must comply with a direction under subsection (1) without delay.
Ch. 4 Pt 2
Div. 3 (Heading and ss 4.2.8 – 4.2.11) inserted by No. 29/2009
s. 54.
Division 3—Conduct of wagering and betting by wagering and betting licensee
S. 4.2.8 inserted by No. 29/2009 s. 54, amended by No. 13/2023 s. 18.