(1) An application to
establish a wagering account for the purpose of wagering with or through RWWA
is to be made in writing in a form acceptable to RWWA.
(2) A deposit to the
account of an amount of not less than $5 may be lodged with RWWA at the time
of making the application and if the application is refused wholly or in part
RWWA is to refund the deposit, wholly or in part, except in so far as it may
relate to an account which is established.
(3) RWWA or, with the
approval of RWWA, the person in charge of a totalisator agency may refuse to
accept an application to establish a wagering account, or having accepted a
deposit may refund it or any part of it, without giving any reason for doing
so.
(4) RWWA may require
any depositor to submit a new application in writing amending any or all of
the particulars given or required to be given when originally establishing the
wagering account.
(5) A depositor may
cancel his or her original application, and substitute a new application, on
satisfying RWWA that for his or her own protection there is reasonable need to
do so.
(6) In either of the
cases referred to in subregulation (4) or (5) any amount standing to the
credit of the depositor in the original wagering account is to be transferred
to his or her credit in the new wagering account.
[Regulation 50 inserted: Gazette
30 Jan 2004 p. 377.]