Pari-Mutuel Betting Supervision Regulations

77 (1) No association shall open an account other than in accordance with this section.

(2) An association authorized to conduct telephone account betting may open an account for any person where an application in writing is made to the association and where the person who will be the account holder resides

• (a) in a home market area of the association;

• (b) in a home market area of another association where the association has entered into an agreement with that other association to conduct telephone account betting in that other association’s home market area;

• (c) in the Yukon Territory or the Northwest Territories; or

• (d) outside Canada.

(3) No association shall knowingly open an account for any employee of the association who is employed in the telephone account betting system.

(4) No employee of an association who is employed in the telephone account betting system shall open or hold an account.

(5) Where an association has opened an account other than in accordance with this section, the association shall forthwith close the account and return the balance of the money on deposit to the account holder.