Singapore Totalisator Scheme - Singapore Statutes Online

Singapore Totalisator Board Act

(Chapter 305A, Section 11(1))

Singapore Totalisator Scheme

Sch 1

REVISED EDITION 1996

(15th May 1996)

[28th April 1995]

The Minister for Finance has approved the following Singapore Totalisator Scheme:

Part I

Introduction

1. This Scheme may be cited as the Singapore Totalisator Scheme.

2. In this Scheme, unless the context otherwise requires —

“agencies” shall include totalisator agencies or any other agency established or operated by the Board;

“agent” means an agent appointed by the Board under Part III;

“By-laws and Regulations” means the Betting By-laws and Regulations set out in the Schedule. In the event of any inconsistencies between the provisions of this Scheme and the By-laws, the provisions of this Scheme shall prevail;

“dividend” means the amount declared to be paid for the winning selection or combination in respect of each unit bet in accordance with the By-laws and Regulations as they apply to each form of betting;

“investor” means any person who places or purports to place a bet pursuant to the By-laws and Regulations;

“official record” and “official bet record” are synonymous and means records kept by the Board, whether in an electronic form or otherwise, concerning betting or other related transactions;

“pool” means, in respect of each type of betting, the total dollar value of the bets made by investors for each such type of betting;

“the Act” means the Singapore Totalisator Board Act, and the definitions contained in section 2 of the Act shall apply to this Scheme.

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