sec.240AApproval of gaming tokens that are not Australian currency

### sec.240A Approval of gaming tokens that are not Australian currency A licensee may apply to the commissioner for approval of gaming tokens for use on the licensee’s licensed premises, other than— Australian currency; or a gaming token that forms part of a gaming related system. The commissioner must decide to approve, or to refuse to approve, the application. The commissioner’s approval of a gaming token for use on the licensee’s licensed premises approves— the gaming token for use on the premises for the purpose of gaming; and the value (in Australian currency) that the gaming token represents for the purpose of gaming on the premises; and the physical characteristics of the gaming token; and the way in which the gaming token displays— the value the token represents; and the name of the licensee or a symbol for the licensee; and the name of the licensed premises or a symbol for the premises. The commissioner may approve a symbol for a gaming token only if— for a symbol mentioned in subsection (3) (d) (ii) —the symbol clearly identifies the licensee from all other licensees; or for a symbol mentioned in subsection (3) (d) (iii) —the symbol clearly identifies the licensed premises from all other licensed premises. If the commissioner decides to approve the application, the commissioner must give the applicant written notice of the decision. If the commissioner decides to refuse to approve the application, the commissioner must give the applicant an information notice for the decision. s 240A ins 2022 No. 23 s 65 (sec.240A-ssec.1) A licensee may apply to the commissioner for approval of gaming tokens for use on the licensee’s licensed premises, other than— Australian currency; or a gaming token that forms part of a gaming related system. (sec.240A-ssec.2) The commissioner must decide to approve, or to refuse to approve, the application. (sec.240A-ssec.3) The commissioner’s approval of a gaming token for use on the licensee’s licensed premises approves— the gaming token for use on the premises for the purpose of gaming; and the value (in Australian currency) that the gaming token represents for the purpose of gaming on the premises; and the physical characteristics of the gaming token; and the way in which the gaming token displays— the value the token represents; and the name of the licensee or a symbol for the licensee; and the name of the licensed premises or a symbol for the premises. (sec.240A-ssec.4) The commissioner may approve a symbol for a gaming token only if— for a symbol mentioned in subsection (3) (d) (ii) —the symbol clearly identifies the licensee from all other licensees; or for a symbol mentioned in subsection (3) (d) (iii) —the symbol clearly identifies the licensed premises from all other licensed premises. (sec.240A-ssec.5) If the commissioner decides to approve the application, the commissioner must give the applicant written notice of the decision. (sec.240A-ssec.6) If the commissioner decides to refuse to approve the application, the commissioner must give the applicant an information notice for the decision. - (a) Australian currency; or - (b) a gaming token that forms part of a gaming related system. - (a) the gaming token for use on the premises for the purpose of gaming; and - (b) the value (in Australian currency) that the gaming token represents for the purpose of gaming on the premises; and - (c) the physical characteristics of the gaming token; and - (d) the way in which the gaming token displays— (i) the value the token represents; and (ii) the name of the licensee or a symbol for the licensee; and (iii) the name of the licensed premises or a symbol for the premises. - (i) the value the token represents; and - (ii) the name of the licensee or a symbol for the licensee; and - (iii) the name of the licensed premises or a symbol for the premises. - (i) the value the token represents; and - (ii) the name of the licensee or a symbol for the licensee; and - (iii) the name of the licensed premises or a symbol for the premises. - (a) for a symbol mentioned in subsection (3) (d) (ii) —the symbol clearly identifies the licensee from all other licensees; or - (b) for a symbol mentioned in subsection (3) (d) (iii) —the symbol clearly identifies the licensed premises from all other licensed premises.