SCHEDULES

F1C1SCHEDULE 5ZA LICENSING OF INTER-TRACK BETTING SCHEMES

Annotations:
Amendments (Textual)
F1

Sch. 5ZA inserted (7.1.1996) by S.I. 1995/3231, art. 5(6), Sch.1

Modifications etc. (not altering text)
C1

Sch. 5ZA: functions of local authority not to be responsibility of an executive of the authority (E.) (16.11.2000) by virtue of S.I. 2000/2853, reg. 2(1), Sch. 1

Scheme accountant and scheme technical adviser

8

1

A licensing authority, in the case of each inter-track betting scheme in respect of which they grant a licence under this Schedule—

a

shall appoint an appropriate qualified accountant to carry out in relation to the scheme the functions under this Schedule of a scheme accountant; and

b

may appoint an appropriate person to carry out in relation to the scheme the functions under this Schedule of a scheme technical adviser.

2

A licensing authority shall, before appointing a person to carry out in relation to an inter-track betting scheme the functions under this Schedule of a scheme technical adviser, consult with the person appointed by them to carry out in relation to the scheme the functions under this Schedule of a scheme accountant.

3

A person appointed under sub-paragraph (1) of this paragraph shall hold office on such terms (including terms as to remuneration) as may be determined by the appointing authority after consultation with the relevant licensee.

4

The remuneration of a person appointed under sub-paragraph (1) of this paragraph shall be payable by the appointing authority, but they may recover any sum which they pay by way of such remuneration as a debt due to them from the relevant licensee.

5

In sub-paragraph (1) of this paragraph, “appropriate”means—

a

independent of the relevant licensee; and

b

appearing to the appointing authority to have suitable knowledge and experience.

6

In this paragraph—

a

“remuneration” includes expenses; and

b

references to the relevant licensee, in relation to an appointment under sub-paragraph (1) of this paragraph, are to the person who holds the licence under this Schedule in respect of the scheme for which the appointment is made.