sec.44Grounds for suspension or cancellation

sec.44 Grounds for suspension or cancellation

Each of the following is a ground for suspending or cancelling an interactive gambling licence— the licensed provider is not, or is no longer, a suitable person to hold an interactive gambling licence; a business or executive associate of the licensed provider is not, or is no longer, a suitable person to be associated with a licensed provider’s operations; a business or executive associate of the licensed provider is a person whom the provider is required to ensure is not a business or executive associate under a regulation under section 263 (4) (b) ; the licensed provider has been convicted of an offence against this Act, a gaming Act or a corresponding law; the licensed provider has been convicted of an indictable offence; the licensed provider has contravened a condition of the interactive gambling licence; the licensed provider has contravened a provision of this Act or a corresponding law (being a provision a contravention of which does not constitute an offence); the licensed provider has failed to discharge financial commitments for the licensed provider’s operations; the licensed provider is bankrupt, has compounded with creditors or otherwise taken, or applied to take, advantage of any law about bankruptcy; the licensed provider is affected by control action under the Corporations Act ; the interactive gambling licence was obtained by a materially false or misleading representation or in some other improper way. For forming the belief that the ground mentioned in subsection (1) (a) exists, the Minister may have regard to the same matters to which the Minister may have regard in deciding whether an applicant is a suitable person to hold an interactive gambling licence. For forming the belief that the ground mentioned in subsection (1) (b) exists, the Minister may have regard to the same matters to which the Minister may have regard in deciding whether a business or executive associate of an applicant is a suitable person to be associated with a licensed provider’s operations. For subsection (1) (i) , a licensed provider is affected by control action under the Corporations Act if the licensed provider— has executed a deed of company arrangement under that Act; or is the subject of a winding-up (whether voluntarily or under a court order) under that Act; or is the subject of an appointment of an administrator, liquidator, receiver or receiver and manager under that Act. s 44 amd 1999 No. 37 s 3 ; 2001 No. 45 s 29 sch 3 (sec.44-ssec.1) Each of the following is a ground for suspending or cancelling an interactive gambling licence— the licensed provider is not, or is no longer, a suitable person to hold an interactive gambling licence; a business or executive associate of the licensed provider is not, or is no longer, a suitable person to be associated with a licensed provider’s operations; a business or executive associate of the licensed provider is a person whom the provider is required to ensure is not a business or executive associate under a regulation under section 263 (4) (b) ; the licensed provider has been convicted of an offence against this Act, a gaming Act or a corresponding law; the licensed provider has been convicted of an indictable offence; the licensed provider has contravened a condition of the interactive gambling licence; the licensed provider has contravened a provision of this Act or a corresponding law (being a provision a contravention of which does not constitute an offence); the licensed provider has failed to discharge financial commitments for the licensed provider’s operations; the licensed provider is bankrupt, has compounded with creditors or otherwise taken, or applied to take, advantage of any law about bankruptcy; the licensed provider is affected by control action under the Corporations Act ; the interactive gambling licence was obtained by a materially false or misleading representation or in some other improper way. (sec.44-ssec.2) For forming the belief that the ground mentioned in subsection (1) (a) exists, the Minister may have regard to the same matters to which the Minister may have regard in deciding whether an applicant is a suitable person to hold an interactive gambling licence. (sec.44-ssec.3) For forming the belief that the ground mentioned in subsection (1) (b) exists, the Minister may have regard to the same matters to which the Minister may have regard in deciding whether a business or executive associate of an applicant is a suitable person to be associated with a licensed provider’s operations. (sec.44-ssec.4) For subsection (1) (i) , a licensed provider is affected by control action under the Corporations Act if the licensed provider— has executed a deed of company arrangement under that Act; or is the subject of a winding-up (whether voluntarily or under a court order) under that Act; or is the subject of an appointment of an administrator, liquidator, receiver or receiver and manager under that Act.