Horserace Totalisator and Betting Levy Boards Act 1972

Type Public General Act
Publication 1972-10-17
State In force
Department Statute Law Database
Reform history JSON API

New corporate powers for Totalisator Board.

1

Removal of limit on number of members of Totalisator Board.

2

In section 12(2) of the Act of 1963 (which provides that the Totalisator Board is to consist of a chairman and three other members) for the words " a chairman and three other members, all four of whom " there shall be substituted the words " a chairman and such number of other members as the Secretary of State may determine, all of whom ".

Applications by Totalisator Board for betting office licences.

3

Financing of totalisators on approved horse racecourses.

4

Transfer to Levy Board of Totalisator Board's functions with respect to approval of horse racecourses.

5

Exercise of functions of government-appointed members of Levy Board.

6

Any functions of the government-appointed members of the Levy Board may be exercised by any two of those members.

Remission of contributions due from Totalisator Board to Levy Board.

7

The Levy Board shall have power to remit in whole or in part any sums outstanding at the passing of this Act in respect of the contributions payable to that Board by the Totalisator Board as mentioned in section 24(1) of the Act of 1963.

Short title, interpretation and extent.

8

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