Victorian Consolidated Legislation

Casino (Management Agreement) Act 1993 - SECT 9

Transfer of Melbourne Casino Licence

9. Transfer of Melbourne Casino Licence



(1) Despite anything to the contrary in the Principal Act, the Melbourne
Casino Licence may be sold, transferred, assigned or otherwise disposed of by
the Melbourne Casino Operator to another person if-

   (a)  the Minister has, in writing, approved the transfer or assignment to
        that person of the rights, liabilities and obligations of the
        Melbourne Casino Operator under the Agreement; and

   (b)  the Commission has, in writing, approved that person.





(2) Subsection (1)(a) does not apply to an assignment of rights under the
Agreement which, under clause 36.1 of the Agreement, does not require the
prior written consent of the State.

(3) The Commission must not approve a person for the purpose of subsection (1)
unless the Commission is satisfied that, if the person were an applicant for a
licence under the Principal Act, the Commission would grant the application
under the Principal Act.

(4) Upon the sale, transfer, assignment or disposal of the Melbourne
Casino Licence to another person as referred to in this section, this Act and
the Agreement have effect as if a reference to the Melbourne Casino Operator
were a reference to that other person.