2Restriction on bookmaking except under bookmaker's permit
(1)No person shall act as a bookmaker on his own account unless he is the holder of a permit authorising him so to act (in this Act referred to as a " bookmaker's permit") which is for the time being in force; and if any person acts as a bookmaker in contravention of this subsection he shall be guilty of an offence:
Provided that this subsection shall not apply to the receiving or negotiating by a registered pool promoter of bets made by way of pool betting.
(2)Schedule 1 to this Act shall have effect for the purposes of bookmaker's permits.
(3)If the holder of a bookmaker's permit, on being required by a constable to produce his permit for examination, refuses or without reasonable cause fails so to do, he shall be liable on summary conviction to a fine not exceeding ten pounds.