Malaysia legislation

Section 2

of POOL BETTING ACT 1967 (REVISED 2018)

Section 2

In this Act, unless the context otherwise requires—

“agency” includes sub-agency;

“agent” means an agent licensed under an approved scheme and includes a sub-agent so licensed;

“Board” means the Board established under section 6;

“Minister” means the Minister charged with the responsibility for finance;

“licensee” means the person issued with a licence under section 5;

“pool betting” means a bet made by means of a totalisator situated in or outside Malaysia in respect of any prescribed event;

Act 809

“prescribed event” means football matches or a series of such matches held in or outside Malaysia and any other event in respect of which it is prescribed under this Act that totalisator investments may be received;

“approved scheme” means a scheme for the operation, promotion or management of a totalisator for pool betting or of pool betting as such, the collection of pool betting and the establishment of pool betting agencies approved by the Minister pursuant to section 16;

“totalisator” means the contrivance for betting known as the totalisator or pari-mutuel, or any other machine or instrument of betting of a like nature, whether mechanically operated or not.

Section 2 — AKTA PERTARUHAN WANG TERKUMPUL 1967 (DISEMAK 2018)