125Key person licence offences

125 Key person licence offences (1) A licensee commits an offence if: (a) the licensee employs an individual in a position or for a function that requires a key person licence as declared by the Commission under section 124(1); and (b) the individual does not hold a key person licence; and

Racing and Wagering Act 2024 59 (c) section 124(4) does not apply to the individual. Maximum penalty: 250 penalty units. (a) the person intentionally holds the position or performs the functions of a key person for a licensee; and (b) the person does not hold a key person licence; and (c) section 124(4) does not apply to the individual. (4) Strict liability applies to subsection (3)(b) and (c). (5) It is a defence to a prosecution for an offence against subsection (1) or (3) if the defendant has a reasonable excuse. Note for subsection (5)