24Leasing of gaming machine entitlements permitted

24 Leasing of gaming machine entitlements permitted

24 Leasing of gaming machine entitlements permitted

(1) An eligible hotel or eligible club can lease any (or all) of the gaming machine entitlements held by it.

(2) A gaming machine entitlement held by an eligible hotel can only be leased to another hotel (whether or not an eligible hotel), and a gaming machine entitlement held by an eligible club can only be leased to another club (whether or not an eligible club).

(3) A club is an eligible club if the gaming machine threshold for the club premises does not exceed 30.

(4) A hotel is an eligible hotel if the gaming machine threshold for the hotel does not exceed 10.

(5) The leasing of a gaming machine entitlement is not a transfer of the gaming machine entitlement and a gaming machine entitlement cannot be transferred while it is leased.

Note.

The requirements of Division 2 for the transfer of gaming machine entitlements (including requirements for the forfeiture of entitlements on transfer) do not apply to the leasing of gaming machine entitlements.

(6) The subleasing of a gaming machine entitlement is not permitted.

s 24: Am 2002 No 18, Sch 1 [14]; 2003 No 58, Sch 1 [12] [13]; 2005 No 78, Sch 1 [4]. Subst 2007 No 92, Sch 3 [16]. Am 2008 No 99, Sch 1 [34]. Rep 2011 No 72, Sch 3 [36]. Ins 2018 No 9, Sch 2 [3].

s 24A: Ins 2003 No 58, Sch 1 [14]. Am 2005 No 78, Sch 1 [5] [6]. Rep 2011 No 72, Sch 3 [37].