Pari-Mutuel Betting Supervision Regulations

80 (1) Where an account holder deposits money into an account, the association shall forthwith credit the account with the amount of the deposit.

(2) Where an account holder makes a telephone account bet, the association shall forthwith debit the account by the amount of the bet.

(3) Where an account holder has made a winning telephone account bet, the association shall credit the amount won to the holder’s account immediately after the posting of the pay-out prices.

(4) Where an account holder requests a withdrawal from the holder’s account, the association shall give effect to the request within 48 hours.

(5) Where an account holder provides the correct telephone betting account number and identification code to a telephone account betting system and requests to be informed of the current balance of the account, an association shall

• (a) where the request is for an oral statement, provide the requested information forthwith; and

• (b) where the request is for a written statement of account, issue that written statement of account within 48 hours.

(6) An association shall ensure that the statement of account referred to in paragraph (5)(b) contains all data respecting telephone account betting conducted by the account holder for the preceding 21 days.

(7) Where the terms of a telephone account betting system provide that an association shall pay interest on the money in an account, the association shall

• (a) credit the interest as a deposit to the account; and

• (b) identify the interest separately on the statements referred to in paragraph (5)(b) and subsection 81(5).