Who are the members of the race surveillance council for betting business in Vietnam?
What are the duties of the race surveillance council for the betting business in Vietnam?
Pursuant to Clause 1, Article 7 of Circular 101/2017/TT-BTC, the race surveillance council has the following duties:
- Inspect fulfillment of the conditions for holding a horse race or dog race specified in Article 24 of Decree No. 06/2017/ND-CP;
- Directly supervise the race according to the published charter.
All information about each race must be written in the race record after the race ends. The race surveillance council shall sign the record to confirm the race result right after the race ends. The record shall be made publicly available to bet placers. Mandatory contents of a race record:
+ Date and time of the race;
+ Quantity of horses or dogs in the race;
+ Quantity and full names of the referees;
+ Full name and certificate numbers of the jockeys (for horse races);
+ Beginning time and ending time;
+ The race result;
+ Issues that arise during the race.
- Supervise conformity with regulations on frequencies of bets, beginning and closing time of bet taking according to Article 15 of Decree No. 06/2017/ND-CP;
- At the ending time of bet taking specified in Clause 2a Article 15 of Decree No. 06/2017/ND-CP, the race surveillance council shall make sure the betting enterprise does not take bets anywhere in the system to ensure that no bet ticket is issued after such time.
Who are the members of the race surveillance council for betting business in Vietnam? (Image from the Internet)
Who are the members of the race surveillance council for betting business in Vietnam?
Pursuant to Clause 3, Article 4 of Circular 101/2017/TT-BTC stipulating as follows:
Establishment of the race surveillance council
1. Before commencing the betting business, the betting enterprise shall submit a document requesting permission to establish a race surveillance council to the Department of Finance of the province in which the racecourse is located. The document shall specify:
a) Composition of the council in accordance with Clause 2 Article 29 of Decree No. 06/2017/ND-CP. The betting enterprise shall propose the composition of the council, which has to be suitable for the business scale and local conditions;
b) Draft regulations on operation of the race surveillance council;
c) Rules for paying remunerations to the council in accordance with Clause 5 Article 29 of Decree No. 06/2017/ND-CP and Clause 2 Article 8 of this Circular.
2. Within 15 days from the day on which the written request is received, the Department of Finance shall request the People’s Committee of the same province to:
a) issue a decision to establish the race surveillance council in accordance with Clause 1 and Clause 2 Article 29 of Decree No. 06/2017/ND-CP and Clause 3 of this Article; and
b) approve the operating regulations of the race surveillance council specified in Clause 4 Article 29 of Decree No. 06/2017/ND-CP.
3. Composition of the race surveillance council:
a) The chairperson of the race surveillance council is a representative of the Department of Finance;
b) Members of the race surveillance council are representatives of the Department of Culture, Sports and Tourism, the Department of Justice, the Department of Agriculture and Rural Development and provincial police authority of the same province;
c) The secretary of the race surveillance council is a representative of the betting enterprise.
4. The Department of Finance shall request the People’s Committee of the province to consider deciding the composition of the race surveillance council in the cases where one of its member:
a) is relocated;
b) violates internal regulations of his/her organization;
c) violate regulations of the race surveillance council;
d) resigns; or
dd) in other cases defined by law.
Thus, according to the above provisions, the composition of the race surveillance council for betting business includes:
- The chairperson of the race surveillance council is a representative of the Department of Finance;
- Members of the race surveillance council are representatives of the Department of Culture, Sports and Tourism, the Department of Justice, the Department of Agriculture and Rural Development and provincial police authority of the same province;
- The secretary of the race surveillance council is a representative of the betting enterprise.
What are the remunerations of the race surveillance council for the betting business in Vietnam?
Pursuant to Article 8 of Circular 101/2017/TT-BTC stipulating that the race surveillance council for betting business activities enjoy the following remunerations:
- The chairperson and members of the race surveillance council will receive remunerations for their participation in the council.
- The remunerations shall be decided by the betting enterprise according to the workload, working time and responsibility of the council members.
The betting enterprise shall issue regulations on remunerations of the race surveillance council.
- The betting enterprise may include such remunerations in its operating costs.
Note: The above regulations only apply to the business of betting on horse and/or greyhound racing.
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