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Home/Legislation/Totalizator Act 1997/19

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Totalizator Act 1997

19Restriction on maximum shareholding in applicant

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#### 19 Restriction on maximum shareholding in applicant 19 Restriction on maximum shareholding in applicant > The Minister must not grant an application for a licence to a company unless satisfied that no person has a prohibited shareholding interest in the company (within the meaning of Division 3).

Previous section18Application for licence Next section20Licensee not to be associated with casino and other activities

Section 19 - Totalizator Act 1997 - Restriction on maximum shareholding in applicant — Zoe