Victorian Current Acts

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GAMBLING REGULATION ACT 2003 - SECT 4.5.6

Approval of events for betting purposes

    (1)     The Commission may, by instrument—

        (a)     approve a particular event or class of event for betting purposes; and

        (b)     approve a betting competition on that event or class.

    (2)     The approval of a betting competition under this section must specify whether it is a competition with fixed odds or a competition conducted on a totalisator.

    (3)     The Commission may impose any conditions it thinks fit on an approval at the time of giving the approval or at any later time.

    (4)     An approval—

        (a)     takes effect on the day notice of it is published under section 4.5.10(1)(a) or on the later day specified in the notice; and

        (b)     remains in force until revoked by the Commission.

    (5)     A condition imposed under subsection (3) takes effect on the day notice of it is published under section 4.5.10(1)(b) or on the later day specified in the notice.

S. 4.5.7 inserted by No. 18/2007 s. 3.



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