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GAMING MACHINES ACT 2001 - SECT 170 No proprietary right in licences

GAMING MACHINES ACT 2001 - SECT 170

No proprietary right in licences

170 No proprietary right in licences

(1) A licence confers no right of property and is incapable of being assigned or mortgaged, charged, leased or otherwise encumbered.
(2) Despite subsection (1), a licence is capable of being transferred in accordance with section 147 (4) or 152 (4), as the case may be.