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Old 1st October 2008, 12:28 PM
AngryPixie AngryPixie is offline
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Join Date: Sep 2006
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Quote:
Originally Posted by jfc

Betfair claims this new premium charge affects:

"less than 0.5% of active customers"

Now what is an active customer?

JFC, bit of a blast from the past but it looks like under the terms of the Act an active player is one that has placed a bet witin the past 2 years.



76ZP. Remitting funds of inactive player

If no wager has been recorded on behalf of a registered player for a period of 2 years, the licensed provider –
(a) must remit any funds held on behalf of the player; or

(b) if the person cannot be found, must deal with the funds as unclaimed moneys under the Unclaimed Moneys Act 1918.

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