Bookmakers and Betting Exchange Act 1998 (NI)

NORFOLK ISLAND

Bookmakers and Betting Exchange Act 1998

No. 13, 1998

Compilation No. 3

Compilation date: 1 April 2017

Includes amendments up to: Norfolk Island Continued Laws Ordinance 2015 (No. 2, 2015)

NORFOLK ISLAND

BOOKMAKERS AND BETTING EXCHANGE ACT 1998

TABLE OF PROVISIONS Section PART 1 — PRELIMINARY

1. Short title 2. Commencement 3. The Crown 4. Interpretation 5. Close associate

PART 2 — bookmaking

Division 1 — Prohibition of bookmaking 6 Prohibition of bookmaking 7. False representation

Division 2 — Licences 8 Grant of licence 9. Term and renewal of licence 10. Conditions of licence 11. Variation of licence 12. Transfer of licence 13. Surrender of licence 14. Licences to be tabled

Division 3 — Application Processes 14A. Application of Division 3 15. Applications 16. Suitability of applicant and close associates 17. Investigation of application 18. Costs of investigation

PART 2A — BETTING EXCHANGES

19A. Prohibition of betting exchanges 19C. Limitations on licensed betting exchanges 19D. Special conditions for a betting exchange licence 19F. Self-exclusion from exchange betting 19G. Third-party exclusion from exchange betting 19H. Revocation of betting exchange exclusion orders 19J. Register of persons excluded from betting exchange 19K. Restrictions on exchange betting 19L. Restrictions on exchange bets by interested persons 19M. Self limit on exchange bets by player 19N. Keeping register of players 19O. Trading accounts 19P. Accounting records 19Q. Records to be kept on the premises 19R. Audit 19S. Submission of reports 19T. approval of events or contingencies 19U. Freezing wagering funds held by betting exchange licensee 19V. Freezing wagering funds held by third party 19W. Power to withhold prize