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**.