S.I. No. 67/1960 - Greyhound Race Track (Totalisator) (Percentage) Regulations, 1960.

S.I. No. 67 of 1960.

GREYHOUND RACE TRACK (TOTALISATOR) (PERCENTAGE) REGULATIONS, 1960.

Bord na gCon, in exercise of the powers conferred on it by subsection (2) of Section 40 of the Greyhound Industry Act, 1958 (No. 12 of 1958), and with the consent of the Minister for Agriculture, hereby makes the following regulations prescribing the sums and levies to be collected by the Board for the time being out of moneys staked by means of totalisators maintained by the Board :—

1. The sums and levies to be collected by the Board out of moneys staked by means of totalisators maintained by the Board shall be 10 per cent. of the net total of the moneys so staked after deduction of refundable withdrawn or cancelled stakes, together with any undistributed fractions of threepence remaining after the declaration of totalisator dividends in accordance with the Greyhound Race Track (Totalisator) (Operating) Regulations, 1960.

2. These regulations may be cited as the Greyhound Race Track (Totalisator) (Percentage) Regulations, 1960.

3. These regulations shall come into operation on the 16th day of April, 1960.

GIVEN under the Seal of Bord na gCon, this 31st day of March, 1960.

(Sgd.) P. J. MAGUIRE,

Chairman of the Board.

(Sgd.) P. MOLONEY.

An officer authorised by the Board to authenticate the seal of the Board.

I hereby consent to the above regulations.

(Sgd.) PATRICK SMITH,

Minister for Agriculture.

Dated this 31st day of March, 1960.

EXPLANATORY NOTE.

These Regulations, made by Bord na gCon with the consent of the Minister for Agriculture, prescribe the amount to be retained by the Board out of moneys staked on totalisators operated by the Board.