176Requirement for approval of arrangements and agreements

176 Requirement for approval of arrangements and agreements not enter into an arrangement or agreement with another person in connection with the wagering activity of the licensee's customers without the Commission's approval if the arrangement or agreement would: (a) cause a substantial change to the licensee’s relationship with customers; or (b) cause the other person to be considered an associate of the licensee; or (c) cause the other person to interact with customers of the licensee on behalf of the licensee; or

Racing and Wagering Act 2024 81 (d) allow the other person to receive compensation for conduct, other than a simple hyperlink on the other person's website, that refers customers to the licensee; or (e) entitle the other person to compensation based on a customer's wagering activity. Examples for subsection (1)(a) 1 Changing, adding or removing key features or services provided to customers. 2 Changing the terms or times for settling wagers. Examples for subsection (1)(c) The person would open customer accounts, process customer deposits or handle customer services. (2) The licensee must apply to the Commission for approval of its proposed arrangement or agreement. (3) The application must: (a) describe the proposed arrangement or agreement; and (b) identify each person involved in the proposed arrangement or agreement.