📜 Acts Amendment (Fixed Odds Betting) Bill 1999
Assented toLABill 2118 August 1999
This Bill amends the Totalisator Agency Board Betting Act 1960, the Betting Control Act 1954, and the Racecourse Development Act 1976 to facilitate fixed odds betting by the TAB (Totalisator Agency Board).
Impact
The bill impacts the TAB, the Betting Control Board, and individuals who participate in betting activities. It aims to modernize betting regulations and provide the TAB with the ability to offer fixed odds betting, potentially increasing revenue and competitiveness.
Key Changes
["Allows TAB to conduct fixed odds betting.", "Requires TAB to operate according to a strategic development plan and corporate intent.", "Amends the definition of 'totalisator agency'."]
Parliamentary Progress
- LA IntroducedLA18 Aug 1999
- LA Second Reading MovedLA19 Aug 1999
- LC Second Reading MovedLC14 Sept 1999
- LA Second Reading AgreedLA14 Sept 1999
- LA Third ReadingLA14 Sept 1999
- LC Second Reading AgreedLC10 Nov 1999
- LC Third ReadingLC10 Nov 1999
Affected Sectors
financepublic_sectorother
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