14Prize winning cheques

#### 14 Prize winning cheques 14 Prize winning cheques > > (1) A person, other than a bank or authorised deposit-taking institution, must not accept the transfer of a cheque that the person knows, or could reasonably be expected to know, is a prize winning cheque. > > > > Maximum penalty—100 penalty units. > > > (2) Without limiting subclause (1), a person who accepts the transfer of a prize winning cheque in, or within 500m of, a casino is taken to know that the cheque is a prize winning cheque unless the contrary is proven. > > > (3) A person must not issue a prize winning cheque unless— > > > > > (a) it is clearly identified as a prize winning cheque, and > > > > > (b) the following statement appears on the cheque— > > > > > > Prize winning cheque—cashing rules apply > > > > Maximum penalty—500 penalty units. > > > (4) In this clause— > > > > crossed cheque means a cheque crossed as referred to in the [Cheques Act 1986](http://www.legislation.gov.au/) of the Commonwealth, section 53. > > > > prize winning cheque means a crossed cheque that is paid by a casino as prize money to a person as a result of one or both of the following on a single occasion— > > > > > (a) the person winning money on a gaming machine or winning a non-monetary prize that the person has, as referred to in the Act, section 66(4), chosen to be paid in money, > > > > > (b) the person accumulating credits on a gaming machine. > > **cl 14:** Rep 2022 No 36, Sch 2\[3\]. Ins 2024 (374), Sch 1\[5\].