Australian Capital Territory

Betting (ACTTAB Limited) Rules of Betting Amendment 2004 (No 1)
Disallowable instrument DI2004-164
made under the
Betting (ACTTAB Limited) Act 1964, subsection 55(1)

ACTTAB (the Company) has amended the rules on which totalisator bets are accepted by the Company as follows:

Rule 12(3)	Dividends will be paid and Refunds made at an Office, Agency or Sub-Agency during the hours when the Office, Agency and Sub-Agency is open for business for a period of not less than six (6) months on and after the date of the Meeting concerned.  Thereafter claims may only be lodged at an Office or Agency of the Company.  Such claims after verification at the Company’s Head Office will be paid by cheque from Head Office.  The Company may, as it determines, pay Dividends and refunds remaining unclaimed more than six (6) months but not more than 12 months after the date of the event concerned and may include such Dividends and Refunds as Commission.  Payment of a non-refundable administration fee will be required at the time request for payment of unclaimed dividends is lodged.

Rule 13(1)	Lost, destroyed or inaccessible ticket claims may be lodged at any Office or Agency of the Company, including the Head Office.  Payment of a non-refundable administration fee will be required at the time claim is lodged.

Rule 17(8) (a)	If no investments are made by a Depositor from a Betting Account or the Betting Account has a zero balance for a period of not less than six (6) months, the Company may, as it determines, consider the account to be dormant;

	(b)	The Company will provide the Depositor with a notice period to:
-	close the Betting Account; or
-	utilise the Betting Account for the purpose of making investments; 
The Company will accordingly comply with the direction given by the Depositor.

	(c)	If the Betting Account is not utilised for the purpose of making investments or closed during the notice period, the Company may retire the Betting Account by applying an administration fee to the Betting Account and include as Commission the amount of money standing to the Depositor’s credit in the Betting Account.

	(d)	The Depositor may subsequently request that the Company re-activates the Betting Account or refunds to the Depositor the moneys included as Commission in accordance with Sub-Rule 17(c).  In this event the Company may, at its discretion, apply an administration fee before the Betting Account is re-activated or the moneys refunded.

This amendment will take effect from 29 July 2004.

Sue Baker-Finch
Chief Executive
ACTTAB Limited
23 July 2004