Victorian Consolidated Legislation

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Casino Control Act 1991 - SECT 30

Requirements for controlled contracts

30. Requirements for controlled contracts



(1) A casino operator must not enter into or be a party to, or to the
variation of, a contract that is a controlled contract in relation to that
operator unless-

   (a)  the operator has given notice in writing to the Commission of the
        details of the proposed contract or variation at least 28 days (or any
        shorter period approved by the Commission in a particular case or in
        respect of a particular class of contract) before entering into or
        becoming a party to it; and

   (b)  the Commission has not, within that period, given notice in writing to
        the operator that the Commission objects to the proposed contract or
        requires further time, the further period to be specified in the
        notice, to conduct its investigations.

Penalty: 100 penalty units.

(1A) A function of the Commission under subsection (1) may be performed by any
commissioner.





(2) If the Commission notifies the casino operator that it requires further
time to conduct its investigations, the operator must not enter into the
contract until the expiration of the period specified in the notice.

Penalty: 100 penalty units.

(3) If the Commission notifies the casino operator that it objects to the
proposed contract, the operator must not enter into the contract.

Penalty: 100 penalty units.

(4) The Commission must not object to a proposed contract unless it has first
inquired into the operation of the contract and the suitability of each person
who is a party to the contract.





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