Victorian Consolidated Legislation

Casino Control Act 1991 - SECT 4

Meaning of associate

4. Meaning of associate



(1) For the purposes only of sections 9, 20, 28 and 28A, a person is an
associate of a casino operator or an applicant for a casino licence if the
person-

   (a)  holds or will hold any relevant financial interest, or is or will be
        entitled to exercise any relevant power (whether in right of the
        person or on behalf of any other person) in the casino business of the
        operator or applicant, and by virtue of that interest or power, is
        able or will be able to exercise a significant influence over or with
        respect to the management or operation of that casino business; or

   (b)  holds or will hold any relevant position, whether in right of the
        person or on behalf of any other person, in the casino business of the
        operator or applicant.







(2) In this section-

relevant financial interest, in relation to a business, means-

   (a)  any share in the capital of the business; or

   (b)  any entitlement to receive any income derived from the business;

relevant position, in relation to a business, means the position of director,
manager, or other executive position or secretary, however that position is
designated;

relevant power means any power, whether exercisable by voting or otherwise and
whether exercisable alone or in association with others-

   (a)  to participate in any directorial, managerial, or executive decision;
        or

   (b)  to elect or appoint any person to any relevant position.

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