TOTALISATORS.
NEW REGULATIONS. WELLINGTON, March 3. ' 'A new set of regulations . relating to ithe payment of duty in respect to the use of tota'lisators at race meetings, and also to the gross takings, of clubs, has been prepared in accordance with the a.Eiendanjg act of last session, and appears in the Gazette this week. Every statement of finance which it is necessary for racing clubs to forward to the Minister of Internal Affairs under the act will have to be, signed by one of the club stewards and verified by a statutory declaration made by the secretary or other chief «xecutive pfiicer. In all cases the amount of" duty payable will have to be paid within 14 days after the holding of the race meeting in respect of which it is payable. Before granting to any racing *Jub a license to use a. totalisator at any race meeting, the . Miniver of Internal /'Affairs has p'pwer, if he thinks fit, to require a security for the payment by the club of all duties and other sums for I which it is payable. • The security -will be in the form of a bond for such sum I as; the Minister may determine, and is to ,be entered- into by two or more responLsijJe club officials.
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Bibliographic details
Otago Witness, Issue 2921, 9 March 1910, Page 58
Word Count
213TOTALISATORS. Otago Witness, Issue 2921, 9 March 1910, Page 58
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