14ALicensing of bookmakers

#### 14A Licensing of bookmakers 14A Licensing of bookmakers > > (1) An application for a bookmaker licence may be made— > > > > > (a) by a natural person of or over the age of 18 years, or > > > > > (b) by a proprietary company. > > > (2) Racing NSW must refuse to licence a proprietary company as a bookmaker unless satisfied that the company is an eligible company. > > > (3) For the purposes of this section, an eligible company means a proprietary company that is registered under the [Corporations Act 2001](http://www.legislation.gov.au/) of the Commonwealth and in which— > > > > > (a) each director, shareholder and person concerned in the management of the company is of or over the age of 18 years, and > > > > > (b) each director is licensed as an individual as a bookmaker under this Act, and > > > > > (c) each director is a shareholder and person concerned in the management of the company, and > > > > > (d) each shareholder who is not a director is a close family member of a director, and > > > > > (e) each shareholder or person concerned in the management of the company who is not a director is, in the opinion of Racing NSW, a fit and proper person to be licensed as an individual as a bookmaker under this Act, and > > > > > (f) subject to the regulations, no person (other than a shareholder) has any interest in the shares or assets of the company. > > > (4) It is a condition of a bookmaker licence granted to a company that— > > > > > (a) the company continues to be an eligible company, and > > > > > (b) no shareholder or person concerned in the management of the company, other than a director, is licensed as an individual as a bookmaker under this Act, and > > > > > (c) no director, shareholder or person concerned in the management of the company— > > > > > > > (i) carries on the business of a bookmaker, otherwise than on behalf of the company, in relation to any horse, harness or greyhound race, at a meeting for horse racing in New South Wales, or > > > > > > > (ii) carries on, at a racecourse licensed for horse racing, the business of a bookmaker in respect of a declared betting event otherwise than on behalf of the company, or > > > > > > > (iii) is a director, shareholder or person concerned in the management of, or is an employee or agent of, any other company that is licensed as a bookmaker under this Act, or > > > > > > > (iv) has a financial interest in any business of a bookmaker that is carried on by any such other company under the authority of its licence under this Act, and > > > > > (d) (Repealed) > > > > > (e) no director, shareholder or person concerned in the management of the company— > > > > > > > (i) is licensed or otherwise authorised as an individual to carry on, or carries on, the business of a bookmaker, bookmaker’s clerk or turf commission agent, or a totalizator business, or any other kind of betting, wagering, gambling or gaming business, in another country, or > > > > > > > (ii) is a director, shareholder or person concerned in the management of a corporation, or is a member of a partnership, that is licensed or otherwise authorised to carry on, or that carries on, any such business in another country, or > > > > > > > (iii) is an employee or agent of any individual, partnership or corporation referred to in the preceding subparagraphs, or > > > > > > > (iv) has a financial interest in the business of a bookmaker or turf commission agent, or a totalizator business, or any other kind of betting, wagering, gambling or gaming business, that is authorised to be carried on or is carried on in another country. > > > (5) In subsection (4)(c) and (e), a reference to carrying on the business of a bookmaker, or the business of a bookmaker’s clerk or turf commission agent, includes a reference to acting as a bookmaker, or a bookmaker’s clerk or turf commission agent. > > > (6) (Repealed) > > > (7) Racing NSW may suspend or cancel a bookmaker licence granted to a company if satisfied that any condition referred to in subsection (4) is contravened in respect of the company. This does not limit the powers of Racing NSW to suspend or cancel the registration of a company as a bookmaker under section 14. > > > (8) Any debt that is incurred by a company in carrying on business as a bookmaker licensed under this Act is enforceable jointly and severally against all persons who are directors of the company at the time the debt is incurred (whether or not they are directors at the time the debt is sought to be enforced). > > > (9) In this section— > > > > close family member of a director means— > > > > > (a) a spouse, de facto partner, parent, child, brother or sister of the director, or > > > > > (b) a person who has a relationship with the director that is prescribed by the regulations for the purposes of this definition. > > > > Note— > > > > “De facto partner” is defined in section 21C of the [Interpretation Act 1987](/view/html/inforce/current/act-1987-015). > > > > declared betting event has the same meaning as it has in the [Betting and Racing Act 1998](/view/html/inforce/current/act-1998-114). > > > > financial interest in a bookmaking business means an entitlement to receive any of the income from the business. > > > > meeting for horse racing has the same meaning as in section 4 of the [Betting and Racing Act 1998](/view/html/inforce/current/act-1998-114). > > > > racecourse licensed for horse racing means a racecourse in respect of which a licence for meetings for horse racing granted under section 7 of the [Betting and Racing Act 1998](/view/html/inforce/current/act-1998-114) is in force. > > **s 14A:** Ins 2002 No 15, Sch 3 \[1\]. Am 2006 No 91, Sch 1.3 \[1\]–\[4\]; 2008 No 23, Sch 3.47; 2010 No 19, Sch 3.114 \[1\] \[2\]; 2010 No 132, Sch 4.3 \[1\] \[2\]; 2014 No 25, Sch 2.3 \[1\] \[2\]; 2017 No 22, Sch 2.42.