Revised Laws of Saint Lucia (2021)

10A.   Racing and Betting Committee

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    (1)   Without limiting the generality of section 10, the Board shall appoint a Racing and Betting Committee.

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    (2)   The functions of the Racing and Betting Committee includes—

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      (a)     to consider an application for a betting provider licence;

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      (b)     to consider the Rules of Betting;

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      (c)     to take disciplinary action against a person who violates this Act or the Rules of Betting;

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      (d)     to approve or reject the types of betting;

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      (e)     to approve or reject the use of a betting machine;

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      (f)     to approve or reject betting locations;

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      (g)     to verify or cause to be verified the background, character and reputation of an applicant for a betting provider licence;

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      (h)     to keep under review the extent, character and location of betting activities licensed under this Act;

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      (i)     to recommend to the Minister the methods of utilizing sums collected from the betting provider fee under this Act;

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      (j)     to advise the Government on the national policy and Regulations relating to betting;

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      (k)     to provide oversight to the Minister on the effectiveness of legislation; and

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      (l)     to perform other duties assigned by the Board.

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    (3)   The Betting Committee must consist of 3 members, one member from the Board and 2 members possessing knowledge or experience in one or more fields of horse racing, betting, gaming and anti-money laundering policies, procedures and compliance.

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    (Inserted by Act 24 of 2019)