8BSubstantial changes in state of affairs of associates—the Act, s 42F

8B Substantial changes in state of affairs of associates—the Act, s 42F

8B Substantial changes in state of affairs of associates—the Act, s 42F

(1) For the Act, section 42F(4), definition of substantial change, the following changes in a close associate’s state of affairs are prescribed as substantial—

(a) the refusal by a relevant regulator of an application made by the close associate for a licence or other authorisation,

(b) the suspension or cancellation by a relevant regulator of a licence or other authorisation held by the close associate,

(c) the taking of disciplinary action by a relevant regulator in relation to the close associate,

(d) the commencement, discontinuation, settlement or finalisation of civil proceedings in relation to the close associate, other than matters that are not reasonably likely to affect whether the close associate is a suitable person to be concerned in or associated with the management and operation of a casino, having regard to the matters specified in the Act, section 42D(3),

Example—

Civil proceedings involving industrial relations or workers compensation matters may not be reasonably likely to affect whether the close associate is a suitable person.

(e) the commencement, discontinuation or finalisation of criminal proceedings in relation to the close associate,

(f) the commencement, discontinuation or finalisation of an inquiry, investigation, examination or similar process, in relation to the close associate, by a law enforcement agency within the meaning of the Act, section 149,

(f1) the commencement, discontinuation or finalisation of an investigation or similar process by the casino operator in relation to the conduct of the close associate,

(g) any other change that may affect whether the close associate is a suitable person to be concerned in or associated with the management and operation of a casino, having regard to the matters specified in the Act, section 42D(3).

(2) In this clause—

relevant regulator means the following—

(a) the NICC,

(b) the Authority,

(c) a casino, gaming, wagering or liquor regulator in another jurisdiction, including a jurisdiction outside of Australia.