sec.46Suitability of applicant to hold general licence

sec.46 Suitability of applicant to hold general licence

In deciding whether the applicant, or a management member of the applicant, is a suitable person as mentioned in section 45 , the chief executive may have regard to any relevant matter, including the following— the applicant or management member’s character or business reputation; the applicant or management member’s current financial position and financial background; if the applicant is not an individual—whether the applicant has, or has arranged, a satisfactory ownership, trust or corporate structure for conducting the licensee’s proposed operations under the licence; whether the applicant or management member has, or is able to obtain, the services of persons who have— financial resources the chief executive considers adequate to ensure the financial viability of operations conducted under the licence; and appropriate experience to ensure the proper and successful conduct of the applicant’s proposed operations under the licence; for an application for a category 3 gaming licence or a special category 3 gaming licence—whether the applicant has in place adequate corporate governance practices for the planning, supervising and reporting of category 3 games; if the application is for a category 3 gaming licence and the applicant intends entering into a third party operator agreement—the proposed agreement including whether it complies with section 22A (2) ; if the application is for a category 3 gaming licence and the applicant has entered into a third party operator agreement—the agreement including whether it complies with section 22A (2) ; if the applicant or management member has a business or executive association with another person— the other person’s character or business reputation; and the other person’s current financial position and financial background. s 46 amd 2008 No. 2 s 15

• (a) the applicant or management member’s character or business reputation;
• (b) the applicant or management member’s current financial position and financial background;
• (c) if the applicant is not an individual—whether the applicant has, or has arranged, a satisfactory ownership, trust or corporate structure for conducting the licensee’s proposed operations under the licence;
• (d) whether the applicant or management member has, or is able to obtain, the services of persons who have— (i) financial resources the chief executive considers adequate to ensure the financial viability of operations conducted under the licence; and (ii) appropriate experience to ensure the proper and successful conduct of the applicant’s proposed operations under the licence;
• (i) financial resources the chief executive considers adequate to ensure the financial viability of operations conducted under the licence; and
• (ii) appropriate experience to ensure the proper and successful conduct of the applicant’s proposed operations under the licence;