Irish Horseracing Industry Act, 1994

Regulations for payment of levies on course bets.

55.—(1) The Authority may make regulations for securing the payment of levies and generally for carrying the provisions in relation to levies into effect and in particular for—

(a) requiring authorised bookmakers who are liable to pay levies—

(i) to enter, in the prescribed manner and at the prescribed time, particulars of all course bets in the prescribed records,

(ii) to retain such records for the prescribed time,

(iii) to send, on the request of the Authority, such records to the Authority,

(iv) to furnish copies of such records to the Authority at such time or times as may be prescribed,

(b) entering into arrangements by the Authority with (and taking security from) authorised bookmakers desiring to pay levies on the basis of returns furnished by them,

(c) the granting to authorised bookmakers by the Authority of remissions or refunds (as the case may require) of a levy in cases in which the whole or any part of the contingent liability of a bookmaker in respect of a bet made, laid or otherwise entered into by him is shown to the satisfaction of the Authority to have been transferred to another bookmaker by means of a fresh bet made, laid or otherwise entered into by the first-mentioned bookmaker with the second-mentioned bookmaker.

(2) A person who, without reasonable cause, contravenes any regulations made under subsection (1) may have any permit granted to him under section 48 suspended or revoked by the Authority.

(3) A person shall comply with any regulation made under this section and shall not make, in any record kept in pursuance of any regulation under this section, any false entry with regard to a course bet.