37BRevocation of interim approval of controlled contract

#### 37B Revocation of interim approval of controlled contract 37B Revocation of interim approval of controlled contract > > (1) This section applies if, after the NICC issues a casino operator with an interim approval of a controlled contract or a variation of a controlled contract, the NICC— > > > > > (a) objects to the proposed contract or variation, and > > > > > (b) proposes to revoke the interim approval. > > > (2) The NICC may, by written notice given to each of the parties to the proposed contract or variation— > > > > > (a) advise the parties that the NICC proposes to revoke the interim approval, and > > > > > (b) invite the parties to provide written submissions to the NICC within the period specified in the notice, not less than 14 days after the day the notice is given to the parties, about why the interim approval should not be revoked. > > > (3) After considering any written submissions made under subsection (2)(b), the NICC must decide— > > > > > (a) to revoke the interim approval, or > > > > > (b) not to revoke the interim approval. > > > (4) As soon as practicable after making its decision under subsection (3), the NICC must give written notice of the decision to each of the parties to the proposed contract or variation. > > > (5) If the NICC’s decision is to revoke the interim approval, the notice may include a requirement that— > > > > > (a) the casino operator must not enter into, or otherwise become a party to, the proposed contract or proposed variation to the contract, or > > > > > (b) for an existing contract—the contract be terminated within a specified period. > > **s 37B:** Ins 2022 No 36, Sch 1\[39\]. Am 2023 No 7, Sch 2.2\[1\].