Part 8Compliance requirements 629

Part 8—Compliance requirements 629 Division 1—Banking, accounting and auditing 629 4.8.1 Application of Division 629 4.8.2 Banking 629 4.8.3 Accounts 631 4.8.4 Books etc. to be kept on the premises 632 4.8.5 Audit of books, accounts and financial statements 633 Division 2—Reporting 635 4.8.6 Submission of reports 635 Part 8A—Harm minimisation directions—wagering service providers 636 4.8A.1 Definitions 636 4.8A.2 Harm minimisation direction 636 4.8A.3 Harm minimisation requirement matters 636 4.8A.4 Tabling and disallowance 637 4.8A.5 Act prevails over harm minimisation direction 638 4.8A.6 Offence to not comply with a harm minimisation direction 638 Part 9—Other matters 639 4.9.1 Competition and Consumer Act and Competition Code 639 Chapter 5—Lotteries 642 Part 1—Introduction 642 5.1.1 Purposes 642 5.1.2 Definitions 642 5.1.3 Application of Chapter 643 Part 2—Public lotteries 644 Division 1—Legality of public lotteries 644 5.2.1 Public lotteries declared lawful 644 5.2.1A Approval of computer system etc. 644 Division 2—Public lottery rules 645 5.2.2 Lottery rules 645 5.2.3 When do lottery rules come into force? 646 5.2.4 Publication and inspection of lottery rules 646 5.2.5 Disallowance of lottery rules 647 Division 3—Conduct of public lotteries 648 5.2.6 Supervision of public lottery draws by Commission's representative 648 5.2.7 Licensee to record entries 649 5.2.9 Licensee not to act as credit provider 650 5.2.10 Non-monetary prizes 650 5.2.11 Prohibition of certain schemes 650 5.2.12 Publicity concerning prizewinners 651 Part 3—Public lottery licences 653 Division 1AA—Interpretation 653 5.3.1AA Definitions 653 Division 1—Number and type of public lottery licences 656 5.3.1 Minister determines number and type of public lottery licences 656 5.3.2 Which public lotteries can be licensed? 656 Division 2—Licensing procedure 657 5.3.2A Minister may invite applications 657 5.3.2B Secretary may report on suitability of persons Minister is considering to invite to apply for public lottery licence 657 5.3.2C Consent required for reports and investigation 657 5.3.3 Application for licence 658 5.3.4 Report to Minister by Secretary on applications 659 5.3.5 Determination of applications 660 5.3.5A Prohibition on improper interference 661 5.3.5B Prohibition on lobbying 662 5.3.6 Issue of licence 662 5.3.6A Public lottery licence not personal property 663 5.3.7 Licence conditions 663 5.3.7B Responsible Gambling Code of Conduct is a condition of licence 664 5.3.7C Minister may refuse to issue licence if related agreements not entered into 664 5.3.7D Related agreements with licensee 664 5.3.7E No compensation payable because of a direction to enter into related agreements 665 5.3.8 Duration of licence 665 5.3.8A Licence may authorise preparatory action 666 5.3.8B Exclusivity period for licence 667 5.3.8C Extension of licence 667 5.3.9 Premium payment 668 5.3.9A Penalty interest for late payment 669 5.3.9B Recovery of amounts 669 5.3.11 Publication and tabling 669 5.3.15A Engaging contractors and appointing agents to assist with public lotteries 671 Division 3—Transfer of licence 672 5.3.15B Transfer only under this Division 672 5.3.15C Application to transfer licence 672 5.3.15D Transfer of public lottery licence 673 5.3.15E Report to Minister by Commission 675 5.3.15F Related agreements 676 5.3.15G Publication and tabling 676 Division 4—Amending and surrendering licences 678 5.3.16 Request by licensee for amendment of licence 678 5.3.17 Notification of other affected licensees 679 5.3.18 Objection by other licensees 679 5.3.19 Amendment of licence 679 5.3.19A Prohibition on lobbying for amendment of licence 681 5.3.20 Surrender of licence 681 Division 5—Disciplinary action 682 5.3.21 Grounds for disciplinary action 682 5.3.22 Commission may take or recommend disciplinary action 683 5.3.23 Minister may take disciplinary action 685 5.3.24 Suspension of licence pending criminal proceedings 686 5.3.25 Effect of licence suspension 686 5.3.26 Application of Division to appointed subsidiaries 686 Division 6—Temporary public lottery licences 687 5.3.27 Temporary public lottery licences 687 5.3.28 Report to Minister by Commission for temporary public lottery licence 689 5.3.28A Report to Minister by Commission for a temporary public lottery licence issued for 90 days 690 5.3.29 Arrangements with former licensee 691 5.3.30 Related agreements with temporary licensee 691 5.3.31 No compensation payable because of a direction to enter into related agreements 692 Division 7—Further information‑gathering powers and obligations 693 5.3.32 Definitions 693 5.3.33 Secretary may require further information 693 5.3.34 Updating information provided to Secretary 694 5.3.35 Updating information provided to Minister regarding licence application 695 5.3.36 Updating licence transfer application 696 Division 8—General 697 5.3.37 Powers of Secretary 697 Part 4—Returns to players and taxes 698 Division 1—Returns to players 698 5.4.1 Returns to players 698 Division 2—Taxes 698 5.4.2 Supervision charge 698 5.4.3 Public lottery tax 699 5.4.4 Penalty interest for late payment 700 5.4.5 Recovery of amounts 700 5.4.6 Application of tax proceeds 701 5.4.7 Sharing tax with other jurisdictions 701 Part 5—Compliance requirements 704 Division 1—Financial recording and reporting 704 5.5.1 Licensee to keep accounts and records 704 5.5.2 Annual financial statements 704 5.5.6 Subsidiaries to comply with Division 704 Division 2—Other requirements 705 5.5.6A Directions to provide information etc. 705 5.5.7 Directions to licensees 706 5.5.8 Claims for prize 706 5.5.9 Unclaimed prizes 707 5.5.10 Complaints 708 Part 7—Trade promotion lotteries 710 Division 1—Legality of trade promotion lotteries 710 5.7.1 Trade promotion lotteries declared lawful 710 5.7.2 Conduct of trade promotion lotteries 710 Division 4—Compliance and offences 712 5.7.16AA Definitions 712 5.7.16 Conducting trade promotion lottery in contravention of Act etc. 713 5.7.16A Venue operators must not conduct trade promotion lotteries in relation to gaming 713 5.7.18A Gaming machine play restrictions to be included trade promotion lottery advertisements 714 5.7.18B Commission determinations about the manner of display of gaming machine play restrictions 714 Division 6—General 715 5.7.20 Commissioner may perform Commission's functions 715