33JFBetting account activity statements

33JF Betting account activity statements

33JF Betting account activity statements

(1) A licensed betting service provider must, in accordance with this section, give the holder of a betting account a statement each month of transactions occurring in the betting account during the previous month (the statement period).

(2) The statement must be as simple as practicable and easy for the holder of the betting account to understand.

(3) The statement must not include gambling advertisements or inducements.

(4) The statement must be given if there have been transactions made by the holder of the betting account during the statement period.

(5) If there are no transactions made by the holder of the betting account during the statement period, the licensed betting service provider must not give a statement unless requested to do so by the holder.

(6) The statement must be given by sending it to an email or postal address nominated by the holder of the betting account.

(7) The statement must be provided free of charge except for a reasonable cost for postage if the statement is to be sent to a postal address.

(8) The licensed betting service provider must comply with other requirements in relation to statements that are specified by the Minister by order published in the Gazette, including requirements about—

(a) the giving of statements, and

(b) the matters to be included in statements, and

(c) the form of statements.

s 33JF: Ins 2022 No 22, Sch 1[8].