(1) This Act applies
to the conduct of betting, by the holder of a bookmaker’s licence
endorsed to authorise such betting, on an event or a contingency where
bookmaking on that event, or that contingency, has been approved by the
Commission under this section.
(2) The Commission may
approve bookmaking on or in relation to an event or a contingency, except a
prohibited event or contingency.
(3) An approval given
under subsection (2) shall as soon as is practicable after it has been given
be notified in the Gazette , and may be made subject to conditions, or to
requirements as to the recording of bets, specified in that approval.
(4) It shall be a
condition deemed to be applicable to every approval under this section that
the bookmaking is carried on —
(a) at a
race course; and
(b)
subject to a permit having been granted or endorsed for betting of that kind
by the committee or other authority controlling the race course,
in accordance with
section 12.
(5) The Commission
shall have the same functions, and may exercise like powers and perform like
duties, in relation to betting on events other than races as in relation to a
race.
[Section 4B inserted: No. 11 of 1992 s. 28;
amended: No. 63 of 1995 s. 44; No. 17 of 1998 s. 6; No. 35 of 2003 s. 102; No.
41 of 2018 s. 5.]