Page 2193 - Week 07 - Thursday, 16 June 1994

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RECOMMENDAT I ONS

20. It is recommended that Cabinet agree to the

preparation of legislation to:

(a) amend the Territory Owned Corporation Act 1990

to delete from Schedule 1 of .that Act the . reference to

ACTTAB Limited;

(b) create the ACTTAB as a statutory authority;

(c). specify taht the ACTTAB shall. have as its.

- . objects:.

(i) to condu provide in accordance with

the law of the Australian Capital Territory, totalizator betting( facilities

in respect of races or events held within or outside-the Australian. Capital -

. Territory by operating its own totalizator or by means of agreement entered into with

. bodies conducting totalisator operations outside.the Australian Cap.ital Territory.

(ii)- to conduct lotteries

(iii) to act as an agent of a person conducting a lottery for the sale of tickets, in that

lottery. -

(iv) (iv) to conduct as a promoter of an approved

pool betting scheme, a pool -betting competition under that scheme...

(v,) to act as an agent of a promoter of an approved pool betting

scheme in the conduct by the promoter of a pool betting

competition under that scheme.

(vi) to provide administrative services (including computing services)

to other . companies and bodies providing gaming and . ,

betting services or to the Australian

. Capital Territory Government or .

Australian Capital Territory owned bodies.

(d) provide that' the ACTTAB' shall be controlled by

a board of a minimum of 3 and a maximum of 5

members who shall be appointed- by the Minister

.and have the expertise or skills necessary.to

assist the Authority achieve its principal

.objectives;

(e) provide that the Minister may issue.directions

- to the Board in relation to the operations of

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