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Pari-Mutuel Betting Supervision Regulations

Version of section 84.4 from 2006-03-22 to 2011-08-18:

  •  (1) An association that operates an on-track account betting system shall hold any money deposited into an account as a custodian or depository for the account holder.

  • (2) No association shall accept an on-track account bet unless

    • (a) the person making the bet enters into the on-track account betting system the correct account number and identification code and the amount of the bet; and

    • (b) there is sufficient money in the account to cover the bet.

  • (3) Subject to section 118, no association shall permit any money to be withdrawn from an account, other than on presentation by the person making the withdrawal of the correct account number and identification code.

  • SOR/99-55, s. 6
  • SOR/2003-218, s. 24

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