QLDIn ForceAct
Gaming Machine Act 1991
sec.321Financial statement of licensed monitoring operator
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### sec.321 Financial statement of licensed monitoring operator
A licensed monitoring operator who supplies basic monitoring services for licensed premises of a licensee must, as required under subsection (2) —
give the licensee a financial statement for the premises; or
have a financial statement for the premises available in a form capable of being accessed by the licensee.
Maximum penalty—100 penalty units.
The financial statement for the licensed premises must—
be given to, or made available for access by, the licensee as soon as practicable after the end of the assessment period for the premises; and
contain the particulars stated by the commissioner in a written notice given to the licensed monitoring operator as the particulars the commissioner considers appropriate for the premises.
The commissioner may, by written notice given to a licensed monitoring operator, require the licensed monitoring operator to give the commissioner a written explanation about any matter contained in the financial statement.
The licensed monitoring operator must comply with a requirement under subsection (3) , unless the operator has a reasonable excuse.
Maximum penalty—100 penalty units.
The licensed monitoring operator must not give the commissioner an explanation the operator knows is false, misleading or incomplete in a material particular.
Maximum penalty—200 penalty units.
Subsection (5) does not apply to a licensed monitoring operator if the operator, when giving the explanation, informs the commissioner in writing, to the best of the operator’s ability, how the explanation is false, misleading or incomplete.
It is enough for a complaint for an offence against subsection (5) to state that the explanation was false, misleading or incomplete to the defendant’s knowledge.
s 321 amd 1992 No. 35 sch; 1993 No. 63 s 2 sch ; 1997 No. 24 s 61 sch
sub 1999 No. 8 s 104
amd 1999 No. 77 s 130 ; 2012 No. 25 s 109 (1)
(sec.321-ssec.1) A licensed monitoring operator who supplies basic monitoring services for licensed premises of a licensee must, as required under subsection (2) — give the licensee a financial statement for the premises; or have a financial statement for the premises available in a form capable of being accessed by the licensee. Maximum penalty—100 penalty units.
(sec.321-ssec.2) The financial statement for the licensed premises must— be given to, or made available for access by, the licensee as soon as practicable after the end of the assessment period for the premises; and contain the particulars stated by the commissioner in a written notice given to the licensed monitoring operator as the particulars the commissioner considers appropriate for the premises.
(sec.321-ssec.3) The commissioner may, by written notice given to a licensed monitoring operator, require the licensed monitoring operator to give the commissioner a written explanation about any matter contained in the financial statement.
(sec.321-ssec.4) The licensed monitoring operator must comply with a requirement under subsection (3) , unless the operator has a reasonable excuse. Maximum penalty—100 penalty units.
(sec.321-ssec.5) The licensed monitoring operator must not give the commissioner an explanation the operator knows is false, misleading or incomplete in a material particular. Maximum penalty—200 penalty units.
(sec.321-ssec.6) Subsection (5) does not apply to a licensed monitoring operator if the operator, when giving the explanation, informs the commissioner in writing, to the best of the operator’s ability, how the explanation is false, misleading or incomplete.
(sec.321-ssec.7) It is enough for a complaint for an offence against subsection (5) to state that the explanation was false, misleading or incomplete to the defendant’s knowledge.
- (a) give the licensee a financial statement for the premises; or
- (b) have a financial statement for the premises available in a form capable of being accessed by the licensee.
- (a) be given to, or made available for access by, the licensee as soon as practicable after the end of the assessment period for the premises; and
- (b) contain the particulars stated by the commissioner in a written notice given to the licensed monitoring operator as the particulars the commissioner considers appropriate for the premises.