Western Australian Current Regulations

RACING AND WAGERING WESTERN AUSTRALIA REGULATIONS 2003 - REG 48

48 .         Apportionment of profit or loss

                Where a racing club transmits wagers to a totalisator pool conducted by RWWA, the profit, or loss, from the operation of that totalisator pool is to be apportioned by RWWA and paid, credited or debited to that racing club in proportion to the contribution of that racing club to the total investments in that totalisator pool.

        [Regulation 48 inserted: Gazette 30 Jan 2004 p. 376.]