Singapore legislation

Clause 18

of Singapore Totalisator Board Bill

Clause 18

Investment on totalisator after time of race prohibited

Subject to the provisions of any approved scheme and any regulations made under section 21, any member, officer, agent or employee of the Board or of any turf club who —

(a)

receives or permits to be received any investment on the totalisator in respect of any race after the start of such race;

(b)

registers on the totalisator after the start of any race any moneys received for investment in respect of that race;

(c)

takes into account in the calculation or payment of any dividend any investment which has not been publicly registered on the totalisator in accordance with this section;

(d)

receives or permits to be received any investment on the totalisator elsewhere than at the totalisator itself; or

(e)

makes, authorises or permits the payment to any person of any dividend which is not calculated in accordance with section 12,shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000.

Clause 18 — Singapore Totalisator Board Bill | laws.sg