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RACING AND GAMBLING LEGISLATION AMENDMENT ACT 2008 (NO. 73 OF 2008) - SECT 18

Definitions

    (1)     In section 1.3(1) of the Gambling Regulation Act 2003 , the definitions of approved bookmaker and approved bookmaking company are repealed .

    (2)     In section 1.3(1) of the Gambling Regulation Act 2003 , in the definition of "registered bookmaker", for "certificate of registration as a bookmaker under Part IV of the Racing Act 1958 " substitute " certificate of registration as a registered bookmaker under Part 5A of Chapter 4".

    (3)     In section 1.3(1) of the Gambling Regulation Act 2003 insert the following definitions—

""bookmaker "includes—

        (a)     a person who (whether on the person's own account or as employee or agent of any other person) carries on the business or vocation of or acts as a bookmaker or turf commission agent;

        (b)     a person who gains or endeavours to gain a livelihood wholly or partly by betting or making wagers;

"bookmaker's key employee" means a person who is—

        (a)     employed by a bookmaker in a managerial capacity; or

        (b)     authorised to make decisions, involving the exercise of his or her discretion, which are relevant to the business operations of a bookmaker; or

        (c)     employed in any other activity relating to the operations of a bookmaker that is specified by the Commission;

"registered bookmaker's key employee" means the holder of a current certificate of registration as a registered bookmaker's key employee under Part 5A of Chapter 4;".

    (4)     After section 1.3(3) of the Gambling Regulation Act 2003 insert

    "(4)     For the purposes of the definition of bookmaker's key employee in subsection (1), the Commission may specify any activity relating to the operations of a bookmaker by giving written notice to the bookmaker.".



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