New South Wales Consolidated Acts

CASINO CONTROL ACT 1992 - SECT 12

12 Suitability of applicant and close associates of applicant

(1) The Authority must not grant an application for a casino licence unless satisfied that the applicant, and each close associate of the applicant, is a suitable person to be concerned in or associated with the management and operation of a casino.

(2) For that purpose the Authority is to consider whether:

(a) each of those persons is of good repute, having regard to character, honesty and integrity, and

(b) each of those persons is of sound and stable financial background, and

(c) in the case of an applicant that is not a natural person, it has or has arranged a satisfactory ownership, trust or corporate structure, and

(d) the applicant has or is able to obtain financial resources that are both suitable and adequate for ensuring the financial viability of the proposed casino, and

(e) the applicant has or is able to obtain the services of persons who have sufficient experience in the management and operation of a casino, and

(f) the applicant has sufficient business ability to establish and maintain a successful casino, and

(g) any of those persons has any business association with any person, body or association who, in the opinion of the Authority, is not of good repute having regard to character, honesty and integrity or has undesirable or unsatisfactory financial sources, and

(h) each director, partner, trustee, executive officer and secretary and any other officer or person determined by the Authority to be associated or connected with the ownership, administration or management of the operations or business of the applicant or a close associate of the applicant is a suitable person to act in that capacity.