(1)  A Tasmanian gaming licence with a gaming endorsement, in addition to any other conditions in respect of it, is subject to the following general conditions:

(a) the wagering funds of registered players must not be disbursed or otherwise dealt with except as authorised –

(i) under the Act; or

(ii) by the Commission, from time to time, by instrument in writing;

(b) the licensed provider must have rules in place in respect of a gaming activity and must ensure that players can consult those rules electronically;

(c) the licensed provider must ensure that the Commission is able to inspect the rules electronically at any time;

(d) the Commission, in its discretion, may, by means of an instruction, disallow any rules that it considers to be –

(i) oppressive or unfair; or

(ii) inadequate or incomplete; or

(iii) misleading, inaccurate or poorly drafted; or

(iv) unsatisfactory on other grounds;

(e) the licensed provider must not allow gaming activity under rules that have been disallowed;

(f) the licensed provider must not allow gaming activity in respect of a contingency for which there are no rules;

(g) any gaming activity that occurs under rules before their disallowance under paragraph (d) is to be settled as the Commission, either generally or in the specific case and whether before or after the settlement of a gaming activity, instructs;

(h) the Commission, in its discretion, may instruct the licensed provider not to allow gaming activity on a competition, game or event that the Commission considers is not a fit subject for gaming or wagering and the licensed provider must comply with that instruction;

(i) any gaming activity that occurs in respect of competitions, games or events before their prohibition under paragraph (h) is to be settled as the Commission, either generally or in the specific case and whether before or after the settlement of gaming or wagering, instructs;

(j) the licensed provider must not allow gaming activity on contingencies relating to –

(i) competitions, games or events held in Tasmania that are unlawful; or

(ii) competitions, games or events held elsewhere that would, if they were to be held in Tasmania, be unlawful;

(k) the licensed provider must furnish such regulatory Agencies, with such information in such time and manner, as the Commission from time to time instructs the licensed provider, for –

(i) the purpose of ensuring the probity of a gaming activity; and

(ii) other purposes as determined by the Commission;

(l) the Commission may, for fee or otherwise, furnish another regulatory Agency with information furnished to the Commission by the licensed provider for –

(i) the purpose of ensuring the probity of a gaming activity; and

(ii) other purposes as determined by the Commission.

(2)  For the purposes of subsection (1)(a) , an account used for the operations of the licensed provider must –

(a) not be used for any other purpose; and

(b) be maintained with an authorised deposit-taking institution that carries on business in Australia, at a branch or office of that institution that is physically located in Tasmania; and

(c) be independently audited at least once every 12 months and at such other times as the Commission may instruct.

(3)  A licensed provider must not allow a registered player to lay bet otherwise than in accordance with a betting exchange endorsement.