13FRequirement to apply for registration

13F Requirement to apply for registration

13F Requirement to apply for registration

(1) This section applies to a betting operator if—

(a) the betting operator is not already registered under this Division as a betting operator, and

(b) for any month of a financial year, the net NSW wagering revenue of the betting operator for the period starting on 1 July in the financial year and ending on the last day of the month is equal to or more than $1,000,000.

(2) The betting operator must, within 7 days after the end of the month, give the Chief Commissioner an application, in an approved form, for registration under this Division as a betting operator.

Maximum penalty—100 penalty units.

s 13F: Ins 2018 No 69, Sch 1 [4].