sec.37Notice about promoter

sec.37 Notice about promoter

The casino operator must give a notice under this section about a promoter with whom the casino operator has entered into a junket agreement. Maximum penalty—20 penalty units. Subsection (1) applies to the casino operator only if— notice about the promoter has not previously been given— under this section; or under section 38 , when the promoter was a promoter’s representative; and the junket agreement is not a sole participant agreement; and the promoter is not a casino key employee. The casino operator must give the notice to the chief executive before the promoter starts to perform obligations under the junket agreement. Maximum penalty—20 penalty units. The purpose of the notice is to allow the chief executive to assess the suitability of the promoter for involvement in future junket agreements. The notice must be in the form approved by the chief executive, and be accompanied by the fee prescribed, for the assessment. The notice must be given even if the promoter is acting through a promoter’s representative. The chief executive must comply with a reasonable request from the casino operator for information about whether, for subsection (2) (a) , notice about the promoter has previously been given. s 37 amd 2002 SL No. 138 s 7 ; 2024 Act No. 10 s 96 (sec.37-ssec.1) The casino operator must give a notice under this section about a promoter with whom the casino operator has entered into a junket agreement. Maximum penalty—20 penalty units. (sec.37-ssec.2) Subsection (1) applies to the casino operator only if— notice about the promoter has not previously been given— under this section; or under section 38 , when the promoter was a promoter’s representative; and the junket agreement is not a sole participant agreement; and the promoter is not a casino key employee. (sec.37-ssec.3) The casino operator must give the notice to the chief executive before the promoter starts to perform obligations under the junket agreement. Maximum penalty—20 penalty units. (sec.37-ssec.4) The purpose of the notice is to allow the chief executive to assess the suitability of the promoter for involvement in future junket agreements. (sec.37-ssec.5) The notice must be in the form approved by the chief executive, and be accompanied by the fee prescribed, for the assessment. (sec.37-ssec.6) The notice must be given even if the promoter is acting through a promoter’s representative. (sec.37-ssec.7) The chief executive must comply with a reasonable request from the casino operator for information about whether, for subsection (2) (a) , notice about the promoter has previously been given.

• (a) notice about the promoter has not previously been given— (i) under this section; or (ii) under section 38 , when the promoter was a promoter’s representative; and
• (i) under this section; or
• (ii) under section 38 , when the promoter was a promoter’s representative; and