8Conditions of racecourse licence

#### 8 Conditions of racecourse licence 8 Conditions of racecourse licence > > (1) A racecourse licence is subject to the following conditions— > > > > > (a) betting or wagering on the licensed racecourse is prohibited, except for betting on races or declared betting events, > > > > > (b) the licensee must keep its records and accounts in respect of its income and expenditure in relation to race meetings, and in relation to any lawful betting that is carried on at the racecourse, separate from its other records and accounts. > > > (2) A racecourse licence is subject to such other conditions as the Minister may, from time to time, impose in respect of the licence by notice in writing given to the licensee. > > > (3) A racecourse licence that is held by a non-proprietary association is also subject to the condition referred to in section 11. > > **s 8:** Am 2010 No 132, Sch 1 \[2\]; 2014 No 25, Sch 1 \[5\].