Betting Control (Amendment) Act, 2021

2. Section 2 of the principal Act is amended by the insertion of the following new definition in the appropriate place in alphabetical order: Amendment of section 2 “small business enterprise” means a business enterprise whose total investment, excluding land and buildings, and annual turnover and the number of persons employed by the enterprise does not exceed the numerical value or number prescribed;

3. The principal Act is amended by the repeal of section 12.

4. The principal Act is amended by the repeal of section 14 and the substitution therefor of the following:

14. (1) A bookmaker licensed under this Act shall pay, at the time of the first issue of a licence, a fee of five hundred thousand fee units, and two hundred and fifty thousand fee units for each renewal of that licence. (2) Despite subsection (1) a bookmaker that is a small business Repeal of section 12 Repeal and replacement of section 14 Licence Fee 698 No. 50 of 2021] Betting Control (Amendment) Insertion of section 29 Savings and transitional provisions enterprise shall pay, at the time of first issue of a licence, a fee of two hundred and fifty thousand fee units, and one hundred and twenty-five thousand fee units for each renewal of that licence. (3) A licence issued under this section shall be valid for a period of one year.

5. The principal Act is amended by the insertion of the following new section immediately after section 28:

29. (1) A licence issued to a bookmaker prior to 1st January, 2022 shall be valid for a period of six months, or until its expiry, revocation or surrender in accordance with its terms, whichever is the earlier. (2) A bookmaker whose licence expires or is due to expire under subsection (1) may apply for the renewal of the licence in accordance with this Act.