36VApplication for approval to acquire relevant interest

36V Application for approval to acquire relevant interest

(1) For the purposes of section 36U, a person may apply to the Commission for approval to acquire a relevant interest in a casino operator or a holding company of a casino operator.

(2) An application must—

(a) be in the form, and be made in the manner, approved by the Commission; and

(b) contain or be accompanied by evidence of the suitability of the person to acquire the relevant interest.

(3) Sections 10 and 11 apply in relation to an application under this section as if a reference in those sections—

(a) to an application for a casino licence were a reference to an application under this section; and

(b) to an applicant for a casino licence were a reference to an applicant under this section; and

(c) to a person the Commission is investigating in relation to the person's suitability to be concerned in or associated with the management or operation of a casino were a reference to an applicant under this section.

S. 36W inserted by No. 42/2022 s. 22.