49Protests

49 Protests

(1) This regulation applies if—

(a) an operator conducts a totalisator on a wagering event; and

(b) after the conclusion of a wagering event, a person lodges a protest in accordance with the relevant rules of racing.

(2) Subject to subregulation (3), the operator must—

(a) until the protest has been decided by a steward of the appropriate controlling body, retain the money that is to be paid by way of dividends; and

(b) once the protest has been decided by a steward of the appropriate controlling body, deal with the money in accordance with the decision.

(3) The operator may pay money by way of a dividend before the protest has been decided if the operator is satisfied that the dividend will not be affected by the decision.

(4) In this regulation—

relevant rules of racing means—

(a) in relation to a wagering event that is a horse race, the Rules of Racing within the meaning of Division 2B of Part I of the Racing Act 1958; and

(b) in relation to a wagering event that is a harness race, the rules made under section 49 of the Racing Act 1958 by Harness Racing Victoria; and

(c) in relation to a wagering event that is a greyhound race, the rules made under section 82 of the Racing Act 1958 by Greyhound Racing Victoria;

steward has the same meaning as it has in the Racing Act 1958.