Section 16
Schemes
The Board shall not later than a day to be appointed in that behalf by the Minister by notice in writing addressed to the
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Chairman of the Board submit to the Minister for his approval a scheme for the operation, promotion or management of a totalisator for pool betting, or of pool betting as such and pool betting agencies and for the collection of pool betting.
(2)
Any scheme referred to in subsection (1) may provide for—
(a)
the administration of the scheme and for the establishment, maintenance and operation of a totalisator for pool betting, and pool betting agencies and the collection or receiving of pool betting and for the carrying out of the functions of the Board under the scheme;
(b)
the collection or receiving of pool betting at the premises of the Board or pool betting agencies, the credit facilities of such betting, the manner in which such betting may be made and the times at which and the conditions upon or subject to which such betting may be made and received;
(c)
the transmission or non-transmission of pool betting referred to in paragraph (b) to the totalisator for pool betting or from the agencies to the board;
(d)
the payment at or from the totalisator for pool betting and pool betting agencies for dividends payable in respect of pool betting received and the times at which and the manner in which such dividends may be paid;
(e)
the method of calculation of the dividends payable as aforesaid out of moneys received as totalisator investments or for pool betting;
(f)
the method of accounting as between the Board and pool betting agencies in respect of pool betting, investments, dividends, and commission;
(g)
the licensing of agents for the collection of pool betting and the extent of their duties and areas of operation in respect of such collection;
(h)
the determination of responsibilities and liabilities of the
Board or any licensed agent for pool betting and the relationship between the Board and any agent or between the Board or any agent and a bettor of pool betting;
(i)
such other matters as may be necessary for the proper operations and control of totalisators for pool betting, collection of pool betting, pool betting agencies or for the operation of the scheme.
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Pool Betting
(3)
The Board may from time to time submit to the Minister for his approval any variation of any scheme or any part thereof for the time being in force under this section, or any new scheme in substitution for any such scheme as aforesaid.
(4)
No scheme or any part thereof, and no variation of any such scheme or part thereof, shall come into force until approved in writing by the Minister.
(5)
Every approved scheme and any variation thereof shall be published in the Gazette.
(6)
The Yang di-Pertuan Agong may by order notified in the
Gazette suspend or revoke any approved scheme or variation of an approved scheme, or any part thereof, and any such suspension or revocation shall have the effect of a repeal of such scheme or part, as the case may be:
Provided that nothing in this subsection shall affect the past operation of the scheme so suspended, revoked or varied.