2.—(1) The amount of the commission referred to in section 12(1)(b) of the Act shall be determined in accordance with these Regulations.| (2) The Board may determine the commission to be deducted from investments on the totalisator as a percentage of all moneys received in any pool, and may set different percentages for different pools and vary the percentages for each pool from time to time. |
| (3) Not later than one month after the end of each quarter of the financial year of the Board, the Board shall inform the Minister, in such manner as the Minister may require, the commission deducted from investments on the totalisator in the preceding quarter. |
| (4) In these Regulations, “pool”, in respect of each type of betting, means the total dollar value of the bets made by investors for each such type of betting. |
|