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Racing Regulation 2023
sec.8Matters to be taken into account in deciding application for race information authority
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### sec.8 Matters to be taken into account in deciding application for race information authority
This section applies to an applicant for a race information authority for a code of racing if the applicant is a relevant wagering operator.
Each of the following is a type of matter that must be taken into account for section 134 (5) (a) of the Act —
whether the applicant is suitable to hold a race information authority, having regard to each of the following—
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 character or business reputation of the corporation’s executive officers; and
the current financial position and financial background of the corporation’s executive officers;
whether issuing a race information authority to the applicant will undermine the integrity of the conduct of the code of racing in Queensland.
In this section—
relevant wagering operator means a licensed wagering operator who holds a licence or authority—
under a law of a foreign country, other than New Zealand, authorising the wagering operator to conduct a wagering business; or
issued by a principal racing authority of a foreign country, other than New Zealand, authorising the wagering operator to conduct a wagering business.
(sec.8-ssec.1) This section applies to an applicant for a race information authority for a code of racing if the applicant is a relevant wagering operator.
(sec.8-ssec.2) Each of the following is a type of matter that must be taken into account for section 134 (5) (a) of the Act — whether the applicant is suitable to hold a race information authority, having regard to each of the following— 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 character or business reputation of the corporation’s executive officers; and the current financial position and financial background of the corporation’s executive officers; whether issuing a race information authority to the applicant will undermine the integrity of the conduct of the code of racing in Queensland.
(sec.8-ssec.3) In this section— relevant wagering operator means a licensed wagering operator who holds a licence or authority— under a law of a foreign country, other than New Zealand, authorising the wagering operator to conduct a wagering business; or issued by a principal racing authority of a foreign country, other than New Zealand, authorising the wagering operator to conduct a wagering business.
- (a) whether the applicant is suitable to hold a race information authority, having regard to each of the following— (i) the applicant’s character or business reputation; (ii) the applicant’s current financial position and financial background; (iii) if the applicant has a business association with another entity— (A) the other entity’s character or business reputation; and (B) the other entity’s current financial position and financial background; (iv) if the applicant is a corporation— (A) the character or business reputation of the corporation’s executive officers; and (B) the current financial position and financial background of the corporation’s executive officers;
- (i) the applicant’s character or business reputation;
- (ii) the applicant’s current financial position and financial background;
- (iii) if the applicant has a business association with another entity— (A) the other entity’s character or business reputation; and (B) the other entity’s current financial position and financial background;
- (A) the other entity’s character or business reputation; and
- (B) the other entity’s current financial position and financial background;
- (iv) if the applicant is a corporation— (A) the character or business reputation of the corporation’s executive officers; and (B) the current financial position and financial background of the corporation’s executive officers;
- (A) the character or business reputation of the corporation’s executive officers; and
- (B) the current financial position and financial background of the corporation’s executive officers;
- (b) whether issuing a race information authority to the applicant will undermine the integrity of the conduct of the code of racing in Queensland.
- (i) the applicant’s character or business reputation;
- (ii) the applicant’s current financial position and financial background;
- (iii) if the applicant has a business association with another entity— (A) the other entity’s character or business reputation; and (B) the other entity’s current financial position and financial background;
- (A) the other entity’s character or business reputation; and
- (B) the other entity’s current financial position and financial background;
- (iv) if the applicant is a corporation— (A) the character or business reputation of the corporation’s executive officers; and (B) the current financial position and financial background of the corporation’s executive officers;
- (A) the character or business reputation of the corporation’s executive officers; and
- (B) the current financial position and financial background of the corporation’s executive officers;
- (A) the other entity’s character or business reputation; and
- (B) the other entity’s current financial position and financial background;
- (A) the character or business reputation of the corporation’s executive officers; and
- (B) the current financial position and financial background of the corporation’s executive officers;
- (a) under a law of a foreign country, other than New Zealand, authorising the wagering operator to conduct a wagering business; or
- (b) issued by a principal racing authority of a foreign country, other than New Zealand, authorising the wagering operator to conduct a wagering business.