Gaming Machine Regulation 2002
sec.40Requirements for money clearance of centralised credit system— Act , s 297
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sec.40 Requirements for money clearance of centralised credit system— Act , s 297
For section 297 (3) of the Act , the amount to be deducted for a money clearance of a centralised credit system is the amount (the net cashless amount ) calculated using the formula— To carry out a money clearance of a centralised credit system, a licensee must keep a float to enable the net cashless amount to be deducted. Maximum penalty—20 penalty units. In this section— NCA means the net cashless amount for a clearance period. TCI means the total monetary amount of gaming machine credits, for the clearance period, shown on the cashless in meters for the licensee’s gaming machines. TCO means the total monetary amount of gaming machine credits, for the clearance period, shown on the cashless out meters for the licensee’s gaming machines. TJC means the total monetary amount of gaming machine credits, for the clearance period, shown on the jackpot credit meters for the licensee’s gaming machines. s 40 amd 2013 SL No. 120 s 6 (sec.40-ssec.1) For section 297 (3) of the Act , the amount to be deducted for a money clearance of a centralised credit system is the amount (the net cashless amount ) calculated using the formula— (sec.40-ssec.2) To carry out a money clearance of a centralised credit system, a licensee must keep a float to enable the net cashless amount to be deducted. Maximum penalty—20 penalty units. (sec.40-ssec.3) In this section— NCA means the net cashless amount for a clearance period. TCI means the total monetary amount of gaming machine credits, for the clearance period, shown on the cashless in meters for the licensee’s gaming machines. TCO means the total monetary amount of gaming machine credits, for the clearance period, shown on the cashless out meters for the licensee’s gaming machines. TJC means the total monetary amount of gaming machine credits, for the clearance period, shown on the jackpot credit meters for the licensee’s gaming machines.