Queensland Consolidated Acts

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INTERACTIVE GAMBLING (PLAYER PROTECTION) ACT 1998 - SECT 20

20 Player's account

(1) A player's account is an account--

(a) in the name of the player--
(i) at a financial institution; or
(ii) with a body prescribed under a regulation; and
(b) against which the licensed provider has a right to debit the amount of a wager.

(2) A player's account must be established on the basis mentioned in this section.

(3) A player's account must be established on a basis under which, while the player is an unrestricted player, the player may only have direct recourse to the funds in the account--

(a) to obtain the balance of funds in the account and close the account; or
(b) to obtain the whole or part of the amount paid into the account as a prize in an authorised game; or
(c) as authorised by the licensed provider or chief executive.

(4) Also, a player's account must be established on a basis under which, while the player is a restricted player, the player may not--

(a) have recourse to funds in the account to obtain the whole or part of the balance of the funds in the account; or
(b) close the account if there is a balance standing to the credit of the account.

(5) Subsection (4) applies whether the balance--

(a) consists of amounts deposited into the account by the player (deposited amounts); or
(b) consists of amounts paid into the account as prizes in authorised games (winnings); or
(c) consists partly of deposited amounts and partly of winnings.


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