47AProhibition on accepting transfer of prize winning cheques

47A Prohibition on accepting transfer of prize winning cheques

47A Prohibition on accepting transfer of prize winning cheques

(1) A person (other than a financial institution) must not accept the transfer of a cheque that the person knows, or could reasonably be expected to know, is a prize winning cheque.

Maximum penalty—100 penalty units.

(2) Without limiting subsection (1), a person who accepts the transfer of a prize winning cheque in, or within 500 metres of, a hotel or the premises of a club is taken to know that the cheque is a prize winning cheque unless the contrary is proven.

(3) In this section and section 47B—

prize winning cheque means a crossed cheque (as referred to in section 53 of the Cheques Act 1986 of the Commonwealth) that is paid by a hotelier or club as prize money to a person as a result of the person winning money or accumulating credits on an approved gaming machine.

s 47A: Ins 2002 No 18, Sch 1 [36]. Am 2002 No 112, Sch 2.6; 2007 No 92, Sch 3 [26]; 2008 No 99, Sch 1 [49]; 2011 No 72, Sch 3 [1].