Racing Integrity Act 2016
sec.81Suitability of applicants for racing bookmaker’s licence
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sec.81 Suitability of applicants for racing bookmaker’s licence
This section applies to the commission in deciding whether an applicant for a racing bookmaker’s licence is a suitable person to hold a racing bookmaker’s licence. The commission may have regard to all of the following matters— the applicant’s character or business reputation; the applicant’s current financial position and financial background; if the applicant has a business association with another entity— the other entity’s character or business reputation; and the other entity’s current financial position and financial background; if the applicant is a corporation—the persons who have a substantial holding in the applicant, or in a corporation that is a holding company of the applicant. s 81 amd 2016 No. 62 s 339 (sec.81-ssec.1) This section applies to the commission in deciding whether an applicant for a racing bookmaker’s licence is a suitable person to hold a racing bookmaker’s licence. (sec.81-ssec.2) The commission may have regard to all of the following matters— the applicant’s character or business reputation; the applicant’s current financial position and financial background; if the applicant has a business association with another entity— the other entity’s character or business reputation; and the other entity’s current financial position and financial background; if the applicant is a corporation—the persons who have a substantial holding in the applicant, or in a corporation that is a holding company of the applicant.
- (a) the applicant’s character or business reputation;
- (b) the applicant’s current financial position and financial background;
- (c) if the applicant has a business association with another entity— (i) the other entity’s character or business reputation; and (ii) the other entity’s current financial position and financial background;
- (i) the other entity’s character or business reputation; and
- (ii) the other entity’s current financial position and financial background;
- (d) if the applicant is a corporation—the persons who have a substantial holding in the applicant, or in a corporation that is a holding company of the applicant.
- (i) the other entity’s character or business reputation; and
- (ii) the other entity’s current financial position and financial background;