172Disciplinary action against licensees

172 Disciplinary action against licensees

172 Disciplinary action against licensees

(1) For the purposes of this Part—

disciplinary action means any one or more of the following actions in relation to a licence—

(a) the cancellation or suspension of the licence,

(b) the imposition on the licensee of a monetary penalty (not exceeding $1,000,000),

(b1) in the case of a CMS licence—the imposition on the licensee of a monetary penalty (not exceeding the amount prescribed by the regulations) and, in the case of a continuing contravention, a further penalty (not exceeding the amount prescribed by the regulations) for each day the contravention continues,

(c) the alteration of the conditions of the licence by the Minister,

(d) the service of a letter of reprimand by the Minister on the licensee.

(2) If a licensee—

(a) contravenes a provision of this Act or the regulations, or

(b) fails to comply with any requirement under this Act or the regulations that relates to the licensee, or

(c) in the case of a CMS licensee—fails to comply with any requirement under the Gaming Machine Tax Act 2001 that relates to the licensee, or

(c1) in the case of a CMS licensee—ceases to be a suitable person to be concerned in or associated with the management and operation of a CMS, or

(c2) in the case of a CMS licensee who holds a CMS licence that is not in force—

(i) is, in the opinion of the Minister, unlikely to satisfy any criteria for the licence to come into force within a reasonable time, or

(ii) fails to comply with any arrangements made for the payment of the amount payable as consideration for the grant of a CMS licence under section 168, or

(d) fails to comply with a condition of the licence, or

(e) being a natural person—

(i) becomes bankrupt, applies to take the benefit of any law for the relief of bankrupt or insolvent debtors, compounds with his or her creditors or makes an assignment of his or her remuneration for their benefit, or