(1) A licence (a
wagering licence ) may be granted under this Act to a person (a wagering
licensee ) to conduct totalisator betting and fixed odds betting on a race,
event or simulated race.
(2) Except as provided
in subsection (3), this Part does not authorise the operation at the same time
of more than 1 wagering licence.
(3) A wagering licence
(a new licence ) may be granted while another wagering licence (an ending
licence ) is in effect if —
(a) the
new licence takes effect after the ending licence has ceased to have effect;
and
(b)
preparatory action is required in relation to the new licence under
section 10D.
[Section 6 inserted: No. 21 of 2019 s. 47.]