(1) In these
regulations, unless the contrary intention appears —
cash means bank notes or coins;
Commission Act means —
(a)
before the appointed day fixed by order under section 7 of the Racing and
Gambling Legislation Amendment and Repeal Act 2003 , the Gaming
Commission Act 1987 ;
(b) on
and after the appointed day fixed by order under section 7 of the Racing
and Gambling Legislation Amendment and Repeal Act 2003 , the
Gaming and Wagering Commission Act 1987 ;
depositor means a person who establishes a
wagering account with RWWA for the purpose of wagering with or through RWWA;
director includes an alternate director nominated
or selected under Schedule 1 clause 4 of the Act;
director’s licence means a licence of a
director granted under section 14 of the Act;
employ includes engage under a contract for
services;
employee’s licence means a licence of a RWWA
key employee granted under regulation 15;
Flexi Bet means a method of wagering an amount on
one or more combinations of outcomes, where the amount of the investment on
each combination covered by the wager can be a percentage, or fraction of the
unit of investment;
investor means a person who makes or offers to
make or attempts to make a wager with or through RWWA and includes a
depositor;
licence means a director’s licence or an
employee’s licence;
multi‑bet means a wager involving the
selection of a series of propositions in relation to any sporting event
available for fixed odds wagering where the final dividend is —
(a)
reliant on all propositions being correctly selected; and
(b)
determined by multiplying together the odds of each selection;
participant , in relation to a sporting event,
means an individual or a team contesting the outcome of that sporting event,
but does not include a horse or a greyhound;
prescribed commission , in relation to a
wager —
(a)
received in the first instance by RWWA, means the amount prescribed under
section 17E of the Betting Control Act 1954 as the commission for a
wager of that kind; or
(b)
received in the first instance by a racing club for inclusion in a totalisator
pool, means the amount prescribed under section 17F of the
Betting Control Act 1954 as the commission for a wager of that kind;
runner , in relation to race, means a horse or
greyhound participating in that race;
RWWA key employee has the same meaning as in
section 24 of the Act;
scheduled starting time of a race or sporting
event means the starting time of the race or sporting event that has been
determined by the relevant racing club or body conducting the sporting event
and notified to RWWA;
sporting event means an event set out in
paragraph (a) or (b) of the definition of sporting event in
section 3 of the Act, or prescribed in these regulations or the rules of
wagering for the purposes of paragraph (c) of that definition;
ticket means a ticket issued to an investor and on
which is recorded details of the wager or wagers made by that investor;
unit means a unit of an investment;
wagering account means a wagering account
established by a depositor under section 64 of the Act.
(2) For the purposes
of these regulations a winning ticket means a ticket a dividend is payable or
on which is recorded a winning wager, or one or more winning wagers.
(2A) For the purposes
of these regulations, presentation of a ticket, whether for collection of a
winning dividend or a refund, includes presentation of a facsimile image of
the ticket originally issued by RWWA.
(3) For the purpose of
calculating the number of winning tickets in relation to any kind of
wager —
(a)
where a ticket for a winning wager of that kind records multiple units, it is
to be counted as though it were a like multiple number of tickets for that
kind of wager, each wager being for a unit of 50 cents; and
(b)
where a ticket records more than one winning wager of the same kind, the
method of counting the units recorded referred to in paragraph (a) is to
be used in respect of each of those wagers.
(3a) Despite
subregulation (3), a number of printed tickets comprising a single
multi‑bet are collectively regarded as a single “ticket” for
the purposes of the definition of that term in subregulation (1).
(4) For the purposes
of these regulations, the provisions of Part 4 are to be taken to be
subject to section 59 of the Act.
(5) A reference in
these regulations to the rules of racing or the rules of wagering includes a
reference to the rules in force under section 11 of the Racing and
Gambling Legislation Amendment and Repeal Act 2003 .
(6) For removal of
doubt, a reference in these regulations to a wager includes a reference to a
bet.
[Regulation 3 amended: Gazette
30 Jan 2004 p. 357‑60; 14 Jul 2006
p. 2569‑70; 18 Sep 2007 p. 4715;
24 Jun 2016 p. 2341‑2.]