sec.40Return of licence for endorsement of changed conditions

sec.40 Return of licence for endorsement of changed conditions

The licensed provider must return the licence to the Minister within 7 days of receiving the condition notice notifying a change of conditions, unless the licensed provider has a reasonable excuse. Maximum penalty—40 penalty units. On receiving the interactive gambling licence, the Minister must— amend the licence in an appropriate way and return the amended licence to the licensed provider; or if the Minister does not consider it is practicable to amend the licence—issue a replacement licence, incorporating the changed conditions, to the licensed provider. A change of conditions does not depend on the interactive gambling licence being amended to record the change or a replacement licence being issued. A change of conditions takes effect on a day agreed between the Minister and the licensed provider or, in the absence of an agreement, the later of the following— the day the condition notice notifying the change is given to the licensed provider; if a later day is stated in the condition notice—the later day. (sec.40-ssec.1) The licensed provider must return the licence to the Minister within 7 days of receiving the condition notice notifying a change of conditions, unless the licensed provider has a reasonable excuse. Maximum penalty—40 penalty units. (sec.40-ssec.2) On receiving the interactive gambling licence, the Minister must— amend the licence in an appropriate way and return the amended licence to the licensed provider; or if the Minister does not consider it is practicable to amend the licence—issue a replacement licence, incorporating the changed conditions, to the licensed provider. (sec.40-ssec.3) A change of conditions does not depend on the interactive gambling licence being amended to record the change or a replacement licence being issued. (sec.40-ssec.4) A change of conditions takes effect on a day agreed between the Minister and the licensed provider or, in the absence of an agreement, the later of the following— the day the condition notice notifying the change is given to the licensed provider; if a later day is stated in the condition notice—the later day.

• (a) amend the licence in an appropriate way and return the amended licence to the licensed provider; or
• (b) if the Minister does not consider it is practicable to amend the licence—issue a replacement licence, incorporating the changed conditions, to the licensed provider.
• (a) the day the condition notice notifying the change is given to the licensed provider;
• (b) if a later day is stated in the condition notice—the later day.