Racing and Wagering Act 2024
199Unlawful wager
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199 Unlawful wager (1) A wager is unlawful if: (a) it is made through a person who is not a wagering licensee or does not hold other legal authority to accept a wager; or (b) it is made in relation to an event prohibited or restricted by the Minister under section 165(1); or (c) it is a novelty wager and contravenes any rules for novelty wagers issued by the Commission under section 166(1); or (d) it is made in relation to an event that is not declared to be a sporting event by the Commission under section 167(1); or (e) it contravenes a direction issued by the Commission in relation to a contingency on a sporting event under section 168(1); or (f) it is otherwise contrary to this Act or to the law of a State, another Territory or the Commonwealth; or (g) it is declared to be unlawful by the Commission under subsection (2).
Racing and Wagering Act 2024 92 (2) The Commission may, on application by a licensee or a customer or its own initiative, declare a wager to be unlawful if satisfied that: (a) the wager was made in relation to an event that was not fairly or lawfully conducted; or (b) the wager was made in relation to an event where the result is not what would be legitimately expected if all steps in the proceedings of the event or the declaration of its result were honestly and fairly conducted or declared.