GAMING MACHINES ACT 2001 - SECT 20A
Exceptions for transfers of country hotel gaming machine entitlements
GAMING MACHINES ACT 2001 - SECT 20A
Exceptions for transfers of country hotel gaming machine entitlements
(1) A gaming machine entitlement held by a country hotel (the
"transferring hotel" ) may be transferred as authorised by this section
despite the transfer block and forfeiture requirements of section 20 (3), and
those requirements do not apply to a transfer authorised by this section.
(2)
The transfer of one gaming machine entitlement in any period of 12 months is
authorised by this section if-- (a) the transfer is to another hotel licence
that is held in relation to a country hotel, and
(b) the
gaming machine threshold for the transferring hotel is not more than 8.
(3)
The transfer of up to 6 gaming machine entitlements at the one time is
authorised by this section if-- (a) the gaming machine threshold for the
transferring hotel is not more than 6, and
(b) the transfers of those
gaming machine entitlements are all completed at the same time (whether or not
pursuant to separate transactions), and
(c) the transfers of those
gaming machine entitlements will result in the number of
gaming machine entitlements held by the transferring hotel being reduced to
zero.
(4) The transfer block and forfeiture requirements of section 20 (3)
continue to apply in respect of any subsequent transfer of
gaming machine entitlements of the transferring hotel in any period of 12
months in which the transferring hotel transfers one
gaming machine entitlement as authorised by this section.
(5) When a transfer
of 2 or more gaming machine entitlements at the same time as authorised by
this section reduces the number of gaming machine entitlements held by the
transferring hotel to zero, the transferring hotel is not permitted to acquire
any gaming machine entitlements for 24 months after the transfer.
