Western Australian Current Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

RACING AND WAGERING WESTERN AUSTRALIA REGULATIONS 2003 - REG 55

55 .         General conditions applicable to wagering accounts

        (1)         Moneys payable in respect of dividends, refunds or of any balance of a wagering account may at the option of RWWA be paid to an account nominated by the depositor by bank transfer or otherwise or may be remitted to the address of the depositor at the address given by the depositor to RWWA.

        (2)         Any exchange, poundage or postage payable on any moneys relating to a wagering account may be charged to the person entitled to the moneys, and may be deducted by RWWA from the account.

        (3)         In respect of remittances or correspondence passing to and from RWWA and depositor, the depositor is to accept all risks, losses, delays, errors or omissions that may occur in the ordinary course of post and RWWA is not required to send any remittance or correspondence by registered post.

        (4)         The transfer or posting of moneys by RWWA to an account nominated or the address given by the depositor to RWWA for the purpose is to be at the sole risk of the depositor.

        (5)         RWWA is not responsible for any loss to a depositor arising from —

            (a)         the unauthorised use of a depositor’s wagering account by any person other than RWWA, its employees or agents; or

            (b)         delay or no delivery of any moneys transferred or posted on to the depositor by RWWA.

        (6)         Where, because of an error, oversight or system malfunction a debit balance arises as the result of a wager made by the depositor at a time when there is an insufficient credit balance in the wagering account to properly accommodate the wager RWWA may disallow, either in whole or in part, any credit, either by way of dividends or refunds, arising from the wager and may allow the debit to the depositor’s wagering account on that wager to remain.

        [Regulation 55 inserted: Gazette 30 Jan 2004 p. 379‑80.]



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback