62Division of jackpot trust account on ending arrangement

62 Division of jackpot trust account on ending arrangement (1) As soon as practicable after the linked-jackpot arrangement ends, the person who was the permit-holder (the former permit-holder) must try to reach a written agreement with each person who was a linked licensee (the former linked licensees) about the distribution of the remaining balance of the jackpot trust account. (2) If agreement is not reached within 4 weeks after the day the linked-jackpot arrangement ends, the former permit-holder must give the commission a written recommendation about the distribution of the remaining balance of the jackpot trust account between the former linked licensees. (3) If the commission is given a recommendation under subsection (2), the commission must— (a) consider the recommendation; and (b) decide the distribution of the remaining balance of the jackpot trust account; and (c) tell the former permit-holder about the decision. (4) As soon as practicable after a distribution is agreed or decided, the former permit-holder must give each of the former linked licensees the amount to be distributed to the licensee from the jackpot trust account.

Section 62 (5) In this section: remaining balance of the jackpot trust account does not include any amount won under the linked-jackpot arrangement or uncollected from the linked jackpot.

Part 8A Restrictions on cash facilities—Act, s 178 (2) (c) Section 62A page 40 Gaming Machine Regulation 2004