(a) No member of the Horse Racing Board, nor the Horse Racing Administrator, nor any other official or employee of the Horse Racing Sport Administration, shall have any proprietary interest in the racetracks, nor in those horses that take part in the races, nor can they make wagers in horse races in Puerto Rico. Any violation of this section shall be sufficient cause for the removal of the official or employee.
(b) No official of the Horse Racing Industry and Sport Administration appointed by the Governor may work for an enterprise operating a racetrack until at least one (1) year has elapsed after ceasing in office.
(c) No official or employee of the racetracks who intervenes directly with any type of authorized betting may have any proprietary interest or share in the ownership of the horses that run in the horse races. The natural or juridical persons who operate the racetracks shall be advised of any violation of this section and the employee or official who is responsible for the violation shall cease as such, or the racetrack license shall be suspended as long as the person responsible remains as an employee of the racetrack; Provided, That before the Horse Racing Administrator requires the dismissal of the employee or the suspension of the license to operate the racetrack by the Horse Racing Board, the persons concerned shall be given the opportunity to be heard in their defense, on their own or through counsel, and to appeal for a review before the Court of First Instance.
History —July 2, 1987, No. 83, p. 296, § 17; Aug. 12, 1988, No. 175, p. 826, § 3; June 5, 2004, No. 139, § 10.