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GAMING CONTROL ACT 1993 - SECT 30 Change in situation of licensed operator

GAMING CONTROL ACT 1993 - SECT 30

Change in situation of licensed operator

(1)  In this section –
major change in the situation existing in relation to a licensed operator means –
(a) any change in that situation which results in a person becoming an associate of the licensed operator; or
(b) any other change in that situation which is of a class or description prescribed as a major change for the purposes of this section;
minor change in the situation existing in relation to a licensed operator means any change in that situation that is prescribed as a minor change for the purposes of this section.
(2)  A licensed operator must –
(a) ensure that a major change in the situation existing in relation to the operator which is within the operator's power to prevent occurring does not occur except with the prior approval in writing of the Commission; and
(b) notify the Commission in writing of the likelihood of any major change in the situation existing in relation to the operator to which paragraph (a) does not apply as soon as practicable after the operator becomes aware of the likelihood of the change; and
(c) notify the Commission in writing of any major change in the situation existing in relation to the operator to which paragraphs (a) and (b) do not apply within 3 days after becoming aware that the change has occurred; and
(d) notify the Commission in writing of any minor change in the situation existing in relation to the operator within 14 days after becoming aware that the change has occurred.
Penalty:  Fine not exceeding 50 penalty units.
(3)  If a major change for which approval of the Commission is sought involves a person becoming an associate of the licensed operator, the Commission must not grant prior approval for that change for the purposes of subsection (2)(a) unless –
(a) the Commission is satisfied that the person is a suitable person to be associated with the management or operation of a casino or a keno operation; and
(b) in the case of a person who is to become a major shareholder in the licensed operator, the Minister has given written consent to the granting of the prior approval by the Commission.
(3A)  For the purposes of subsection (3) a major shareholder is a person who holds more than 10% of the issued shares in a body corporate.
(4)  Sections 24 and 25 apply to and in respect of an application for approval under this section in the same way as they apply to and in respect of an application for a casino licence or a keno operator's licence.