(1) A registered bookmaker must not accept a bet from a person who is not physically present at the place where the bet is accepted and recorded unless (a) the bookmaker is on a racecourse and carrying on business as a bookmaker when the bet is accepted; and(b) the bookmaker's certificate of registration has a telephone betting endorsement; and(c) the bet is placed and accepted in accordance with the conditions of the telephone betting endorsement.Penalty: In the case of (a) a first offence, a fine not exceeding 20 penalty units; and(b) a subsequent offence, a fine not exceeding 40 penalty units.(2) A registered bookmaker must not accept a bet by telephone unless (a) the bet is for a minimum amount of $100 (or such other minimum amount as may be prescribed); or(b) the bookmaker's minimum liability in respect of the bet is $1 000 (or such other amount as may be prescribed).Penalty: In the case of (a) a first offence, a fine not exceeding 20 penalty units; and(b) a subsequent offence, a fine not exceeding 40 penalty units.(3) A registered bookmaker's agent must not accept a bet from a person who is not physically present at the place where the bet is accepted and recorded.Penalty: In the case of (a) a first offence, a fine not exceeding 20 penalty units; and(b) a subsequent offence, a fine not exceeding 40 penalty units.