The purpose of this Act is to amend the Racing Act 1958 , the Gambling Regulation Act 2003 and the Instruments Act 1958 —
(a) to allow bookmakers to conduct internet and telephone betting operations at any time from approved racecourse locations;
(b) to transfer responsibility for the registration of bookmakers and bookmaker's key employees to the Victorian Commission for Gambling Regulation;
(c) to permit corporations to act as bookmakers.