26Terms and conditions of licence

26 Terms and conditions of licence (1) A licence is subject to: (a) the terms and conditions imposed by the Director; and (b) the prescribed conditions. (2) It is a condition of a licence that the licensee: (a) must notify the Director of any change in the information material to the grant of the licence within 7 days after the change occurs; (b) may carry out only the activities in relation to a totalisator and totalisator wagering authorised by the licence;

Totalisator Licensing and Regulation Act 2000 15 (c) must operate a totalisator that is comprised of only the equipment, machinery and other workings approved by the Director; (d) must comply with the licence, this Act, the Regulations and the Rules; and (e) must not make any arrangement or agreement or engage in any conduct that is inconsistent with the licence. (3) A licence must specify each premises of the licensee and the operator of each premises and each agency of the licensee. (4) A licensee must not contravene a term or condition of the licensee's 500 penalty units or imprisonment for 2 years and, in addition, 5 penalty units for each day during which the offence continues after the first day on which it is committed. 2 500 penalty units and, in addition, 25 penalty units for each day during which the offence continues after the first day on which it is committed.