sec.312Regulation-making power

sec.312 Regulation-making power

The Governor in Council may make regulations under this Act. A regulation may— be about fees; or impose a penalty of no more than 20 penalty units for contravention of a regulation; or be about— investments; or an account in the name of an investor with a licence operator; or vouchers for use in place of money to make investments; or outcomes of events; or payouts; or setting aside a portion of the total of all investments made on a totalisator, and distributing or paying the money set aside; or be about the methods of payment used— with regulated wagering equipment; or for wagering; or for paying out a winning bet or refund; or for making deposits to, or withdrawals from, an account in the name of an investor with a licence operator. s 312 amd 2005 No. 12 s 85 ; 2009 No. 41 s 113 ; 2022 No. 23 s 111 (sec.312-ssec.1) The Governor in Council may make regulations under this Act. (sec.312-ssec.2) A regulation may— be about fees; or impose a penalty of no more than 20 penalty units for contravention of a regulation; or be about— investments; or an account in the name of an investor with a licence operator; or vouchers for use in place of money to make investments; or outcomes of events; or payouts; or setting aside a portion of the total of all investments made on a totalisator, and distributing or paying the money set aside; or be about the methods of payment used— with regulated wagering equipment; or for wagering; or for paying out a winning bet or refund; or for making deposits to, or withdrawals from, an account in the name of an investor with a licence operator.

• (a) be about fees; or
• (b) impose a penalty of no more than 20 penalty units for contravention of a regulation; or
• (c) be about— (i) investments; or (ii) an account in the name of an investor with a licence operator; or (iii) vouchers for use in place of money to make investments; or (iv) outcomes of events; or (v) payouts; or (vi) setting aside a portion of the total of all investments made on a totalisator, and distributing or paying the money set aside; or
• (i) investments; or
• (ii) an account in the name of an investor with a licence operator; or
• (iii) vouchers for use in place of money to make investments; or
• (iv) outcomes of events; or
• (v) payouts; or
• (vi) setting aside a portion of the total of all investments made on a totalisator, and distributing or paying the money set aside; or
• (d) be about the methods of payment used— (i) with regulated wagering equipment; or (ii) for wagering; or (iii) for paying out a winning bet or refund; or (iv) for making deposits to, or withdrawals from, an account in the name of an investor with a licence operator.
• (i) with regulated wagering equipment; or