S.I. No. 518/2008 - Greyhound Race Track (totalisator) (Percentage Deduction) Regulations, 2008
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GREYHOUND RACE TRACK (TOTALISATOR) (PERCENTAGE DEDUCTION) REGULATIONS, 2008 |
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Notice of the making of this Statutory Instrument was published in |
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“Iris Oifigiúil” of 12th December, 2008. |
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Bord na gCon, in exercise of the powers conferred on it by subsection (2) of section 40 of the Greyhound Industry Act, 1958 (No. 12 of 1958), and with the consent of the Minister for Arts, Sport and Tourism, hereby makes the following regulations, that is to say: |
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(1) The Greyhound Race Track (Totalisator) (Percentage Deduction) Regulations, 2004 (No. 143 of 2004) are hereby revoked. |
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(2) The percentage deduction on all totalisator pools operated by the Board shall be not less than 20% and not greater than 25% of the moneys staked on each pool. |
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(3) These regulations may be cited as the Greyhound Race Track (Totalisator) (Percentage Deduction) Regulations, 2008. |
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(4) These regulations shall come into operation on the 7th day of November, 2008. |
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GIVEN under the Seal of Bord na gCon, |
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7 November 2008 |
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SIGNED: |
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RICHARD O’SULLIVAN |
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CHAIRMAN OF THE BOARD |
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SIGNED: |
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ADRIAN NEILAN |
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CHIEF EXECUTIVE OFFICER OF THE BOARD, |
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An officer authorised by the Board to authenticate the Seal of the Board |
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I hereby consent to the above Regulations. |
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SIGNED: |
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MARTIN CULLEN |
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MINISTER FOR ARTS, SPORT AND TOURISM |
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EXPLANATORY NOTE |
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(This note is not part of the Instrument and does not purport to be a legal interpretation) |
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The effect of these Regulations is to establish the maximum and minimum amount which the Board may retain out of moneys staked on totalisator pools operated by the Board. |
