19Declared betting event authority

#### 19 Declared betting event authority 19 Declared betting event authority > > (1) A bookmaker must not accept or make a bet on a declared betting event unless— > > > > > (a) the bookmaker is the holder of a declared betting event authority, and > > > > > (b) the bet is accepted or made in accordance with the conditions to which the authority is subject. > > > > Maximum penalty— > > > > > (a) for an individual— > > > > > > > (i) 50 penalty units for a first offence, or > > > > > > > (ii) 100 penalty units or imprisonment for 6 months (or both) for a second or subsequent offence, or > > > > > (b) for a corporation— > > > > > > > (i) 250 penalty units for a first offence, or > > > > > > > (ii) 1,000 penalty units for a second or subsequent offence. > > > (2) The Minister may, on the application of a licensed bookmaker, grant a declared betting event authority to the bookmaker. > > > (3) An application under this section is to be made in the manner approved by the Minister and is to be accompanied by the fee (if any) prescribed by the regulations. > > **s 19:** Am 2010 No 132, Sch 1 \[2\] \[9\]; 2012 No 95, Sch 1.15. Subst 2014 No 25, Sch 1 \[7\]. Am 2018 No 7, Sch 1.1 \[6\]. > > **s 19A:** Ins 2002 No 15, Sch 4 \[2\]. Am 2010 No 132, Sch 1 \[10\]. Rep 2014 No 25, Sch 1 \[7\].