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Betting, Gaming and Lotteries Act 1963

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This is the original version (as it was originally enacted).

Appointment of accountant by registering authority

12(1)The registering authority shall, in the case of each registered pool promoter, appoint a person, being a qualified accountant and not being a person employed by the registered pool promoter in connection with his pool betting business, to exercise and perform, in relation to that registered pool promoter, the powers and duties conferred and imposed by the subsequent provisions of this Schedule on the accountant

(2)The accountant shall hold office on such terms (including terms as to remuneration) as may be determined by the registering authority after consultation with the registered pool promoter.

(3)The remuneration of the accountant shall be payable by the registering authority, but any sum paid by them by way of such remuneration shall be recoverable by the registering authority as a debt due to them from the registered pool promoter.

(4)In this paragraph " remuneration " includes any sums paid or to be paid to the accountant in respect of his expenses.

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