New South Wales Consolidated Acts
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[History]
[Help]
GAMING MACHINES ACT 2001 - SECT 37
Provisions relating to increased gaming machine thresholds when LIA approved
37 Provisions relating to increased gaming machine thresholds when LIA
approved
(1) Class 1 LIA approvals If a class 1 LIA is approved in connection with a
threshold increase application and the relevant venue’s
gaming machine threshold is increased accordingly, the venue has up to 2 years
from the date of the approval in which to acquire poker machine entitlements
for the number of gaming machines to which the increase relates (referred to
as the venue’s
"class 1 quota").
(2) If, at the end of that 2-year period the relevant venue
has not acquired poker machine entitlements for its class 1 quota, the
Authority is to decrease the gaming machine threshold for the venue in
accordance with the portion of the class 1 quota that is not used during that
period.
(3) Class 2 LIA approvals If a class 2 LIA is approved in connection
with a threshold increase application and the relevant venue’s
gaming machine threshold is increased accordingly, the venue has up to 5 years
from the date of the approval in which to acquire poker machine entitlements
for the number of gaming machines to which the increase relates (referred to
as the venue’s
"class 2 quota").
(4) If, at the end of that 5-year period the relevant venue
has not acquired poker machine entitlements for its class 2 quota, the
Authority is to decrease the gaming machine threshold for the venue in
accordance with the portion of the class 2 quota that is not used during that
period.
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[History]
[Help]