sec.134Licensed providers limited recourse to players’ accounts

sec.134 Licensed providers limited recourse to players’ accounts

A licensed provider must not have recourse to funds in a player’s account except as follows— to debit to the account a wager made by the player or an amount the player indicates the player wants to wager in the course of an authorised game the player is playing or about to play; to debit to the account amounts authorised under this section to be debited to the account; for an unrestricted player—to remit funds standing to the credit of the account to the player at the player’s request; as otherwise authorised under this Act. Maximum penalty—200 penalty units or 2 years imprisonment. The licensed provider may debit an amount to the account for— fees, charges or expenses necessarily incurred by the licensed provider on transactions made on the account; and services supplied by the licensed provider to the player at the player’s request that are additional to the services generally supplied by the licensed provider to players. However, the licensed provider may debit an amount to the account for a matter mentioned in subsection (2) only if the matter is a matter for which— the player has agreed in writing debits may be made to the account; and provision for debiting players’ accounts is made in the licensed provider’s control system. Despite subsection (2) (a) , the licensed provider may not debit an amount to the account for fees payable for maintaining the account. s 134 amd 1999 No. 77 s 177 ; 2013 No. 25 s 106 (sec.134-ssec.1) A licensed provider must not have recourse to funds in a player’s account except as follows— to debit to the account a wager made by the player or an amount the player indicates the player wants to wager in the course of an authorised game the player is playing or about to play; to debit to the account amounts authorised under this section to be debited to the account; for an unrestricted player—to remit funds standing to the credit of the account to the player at the player’s request; as otherwise authorised under this Act. Maximum penalty—200 penalty units or 2 years imprisonment. (sec.134-ssec.2) The licensed provider may debit an amount to the account for— fees, charges or expenses necessarily incurred by the licensed provider on transactions made on the account; and services supplied by the licensed provider to the player at the player’s request that are additional to the services generally supplied by the licensed provider to players. (sec.134-ssec.3) However, the licensed provider may debit an amount to the account for a matter mentioned in subsection (2) only if the matter is a matter for which— the player has agreed in writing debits may be made to the account; and provision for debiting players’ accounts is made in the licensed provider’s control system. (sec.134-ssec.4) Despite subsection (2) (a) , the licensed provider may not debit an amount to the account for fees payable for maintaining the account.