sec.60Meaning of key person and key relationship

sec.60 Meaning of key person and key relationship

A key person is a person who— 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 is in a position to control or exercise significant influence over the operations conducted under an interactive gambling licence; or occupies or acts in a position designated in the licensed provider’s control system as a key position; or occupies a position with, or carries out functions for, a licensed provider that make the person a key person under criteria prescribed under a regulation; or is a business or executive associate of a licensed provider designated by the chief executive, by written notice given to the licensed provider, as a key person. Subsection (1) (a) and (b) applies to a position only if the position is designated by the chief executive by written notice given to the licensed provider as a key position. Subsection (1) (a) applies to functions only if the functions are designated by the chief executive by written notice given to the licensed provider as key functions. 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. s 60 amd 2013 No. 25 s 101 (sec.60-ssec.1) A key person is a person who— 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 is in a position to control or exercise significant influence over the operations conducted under an interactive gambling licence; or occupies or acts in a position designated in the licensed provider’s control system as a key position; or occupies a position with, or carries out functions for, a licensed provider that make the person a key person under criteria prescribed under a regulation; or is a business or executive associate of a licensed provider designated by the chief executive, by written notice given to the licensed provider, as a key person. (sec.60-ssec.2) Subsection (1) (a) and (b) applies to a position only if the position is designated by the chief executive by written notice given to the licensed provider as a key position. (sec.60-ssec.3) Subsection (1) (a) applies to functions only if the functions are designated by the chief executive by written notice given to the licensed provider as key functions. (sec.60-ssec.4) 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.

• (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