70Conditions for entering into agency agreement

70 Conditions for entering into agency agreement (1) A licensed provider must not appoint a person as the provider’s agent unless— (a) the person is— (i) for an individual—at least 18 years old; and (ii) eligible to be an agent under criteria prescribed by the regulations; and (b) the appointment is made under an agency agreement that includes any provision required by the commission; and (c) the provider— (i) has made inquiries about the person and each associated person; and (ii) is satisfied on reasonable grounds— (A) that the person is of good business reputation; and (B) that each associated person is of good character and is in a sound financial position; and (C) as to any other prescribed matters. (2) The commission must not require the inclusion of a provision in an agency agreement unless the commission believes on reasonable grounds that the inclusion of the provision is reasonably necessary to ensure— (a) that the integrity of the conduct of interactive games is not jeopardised in a material way; or

Agency agreements Division 5.1 (b) that the public interest is not affected in an adverse and material way. (3) A licensed provider must not— (a) appoint; or (b) purport to appoint; a person as an agent otherwise than in accordance with this section. (4) In this section: associated person, in relation to a proposed agent, means— (a) if the proposed agent is an individual—the person; and (b) if the proposed agent is a body corporate—each director; and (c) each business associate of the proposed agent.