174Financial connections and interests of inspectors

174 Financial connections and interests of inspectors (1) An inspector: (a) shall not knowingly have, directly or indirectly: (i) any business or financial connection with; or (ii) any business or financial interest in any matter in conjunction with, a listed person or the holder of a licence under this Act; or (b) shall not: (i) be; (ii) be an employee in any capacity of; or (iii) hold the position of executive officer or secretary of a body corporate which is, a listed person or the holder of a licence under this Act; or (c) shall not, without the approval of the Director, solicit or accept employment from, be an employee in any capacity of, or have a business or financial connection with a listed person or the holder of a licence under this Act for one year after ceasing to be an inspector. (2) A listed person or the holder of a licence under this Act: (a) shall not knowingly have, directly or indirectly, any business or financial connection, or any business or financial interest in any matter in conjunction, with an inspector; (b) shall not employ in any capacity an inspector; or

Gaming Machine Act 1995 150 (c) shall not, without the approval of the Director, employ in any capacity or have a business or financial connection with a person who was an inspector for one year after the person ceases to be an inspector. (3) An inspector who has directly or indirectly: (a) any business or financial connection with; or (b) any business or financial interest in any matter in conjunction with, a person who becomes a listed person, the holder of a licence under this Act or the applicant for, or for the transfer of, a licence under this Act shall, immediately on becoming aware that the person has become listed, licensed or an applicant: (c) notify the Director of the connection or interest; and (d) if directed by the Director, terminate the connection or relinquish the interest within a time specified by the Director. (4) This section does not prohibit an inspector: (a) from being a financial member of a club that is a licensee, or having a financial connection with a club that is generally had by other members of the club; or (b) from having a business or financial connection (being a connection that is not related to the manufacture, assembly, sale, supply, installation, alteration, obtaining, possession, adjustment, maintenance or repair of gaming equipment) with a listed person or the holder of a licence under this Act that is generally had by members of the public. (5) An inspector shall, when required by the Director, disclose to the Director the inspector's membership of, and any interest that the inspector has in or in relation to, a club.

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