S.I. No. 192/1983:

GREYHOUND RACE TRACK (TOTALISATOR) (PERCENTAGE) REGULATIONS, 1983.

GREYHOUND RACE TRACK (TOTALISATOR) (PERCENTAGE) REGULATIONS, 1983.

In exercise of the powers conferred by subsection (2) of Section 40 of the Greyhound Industry Act, 1958 (No. 12 of 1958), Bord na gCon with the consent of the Minister for Agriculture hereby make the following regulations:--

(1) These regulations may be cited as the Greyhound Race Trace (totalisator) (Percentage) Regulations, 1983.

(2) These regulations shall come into operation on the 11th day of July, 1983.

(3) The sums and levies to be collected by the Board for the time being out of moneys staked by means of totalisators maintained by the Board shall be:--

( a ) fifteen percent in the case of the Win and Place pools, and

( b ) seventeen percent in the case of the Forecast and Trio pools and in the case of Twin Double and Jackpot pools and all other multiple event pools,

of the net total of moneys so staked after deduction of sums so staked which are repayable by the Board together with any undistributed fractions of one penny remaining after the declaration of totalisator dividends in accordance with totalisator operating regulations made by the Board for the time being in force.

(4) The Greyhound Race Track (Totalisator) (Percentage) Regulations, 1977 (No. 90 of 1977) are hereby revoked.

GIVEN under the Seal of Bord na gCon, this 28th day of June, 1983.

DES HANRAHAN,

Chairman of the Board.

S. P. FLANAGAN,

An Officer authorised by the Board to authenticate the seal of the Board.

I hereby consent to the foregoing regulations.

AUSTIN DEASY,

Minister for Agriculture.

Dated this 5th day of July, 1983.

EXPLANATORY NOTE.

The effect of these regulations is to fix the amount which the Board may retain out of moneys staked on totalisator pools operated by the Board.