5Meaning of key person and key relationship

5 Meaning of key person and key relationship (1) For this Act, a key person is a person who— (a) occupies or acts in a managerial position, or carries out managerial functions, in relation to operations carried out under an interactive gambling licence or the business of the licensed provider; or (b) is in a position to control or exercise significant influence over the operations conducted under an interactive gambling licence; or

(c) occupies or acts in a position designated in the licensed provider’s approved control system as a key position; or (d) occupies a position with, or carries out functions for, a licensed provider that makes the person a key person under criteria prescribed under the regulations; or (e) is a business or executive associate of a licensed provider designated by the commission, by written notice given to the licensed provider, as a key person. (2) Subsection (1) (a) and (b) applies in relation to a position only if the position is designated by the commission by written notice given to the licensed provider as a key position. (3) Subsection (1) (a) applies in relation to functions only if the functions are designated by the commission by written notice given to the licensed provider as key functions. (4) For this Act, a key relationship is a relationship, other than a familial relationship, between a licensed provider and another person as a result of which the other person is a key person.