114Declarations by Minister

114 Declarations by Minister (1) If: (a) on account of information given to the Minister in compliance with a requirement notice or on other grounds – the Minister considers that a person has a prohibited shareholding interest in a licensee; (b) a person given a requirement notice does not comply with the notice; or

Totalisator Licensing and Regulation Act 2000 56 (c) the Minister considers on reasonable grounds relating to information included in or omitted from a requirement notice that a person has, in purporting to comply with a requirement notice, given information that is false or misleading in a material particular, the Minister may, by notice in writing to the licensee to whom the requirement notice relates, declare that: (d) the person is an associate of another person; (e) another person is an associate of the person; (f) the person or the other person referred to in paragraph (a) or (b) is entitled to exercise or to influence or control the exercise of the right to vote attached to the number of voting shares in the licensee specified in the notice; or (g) the person or the other person referred to in paragraph (a) or (b) has a prohibited shareholding interest in a licensee. (2) On giving notice under subsection (1), the Minister must also give notice of his or her declaration under that subsection: (a) to the persons (other than the licensee) to whom the declaration refers; and (b) in the case of a declaration under subsection (1)(g), if that person is not the person holding the voting shares to which the declaration relates – to the holder of those voting shares. (3) A declaration under this section takes effect: (a) if the notices under subsections (1) and (2) are given on the same day – on that day; or (b) if the notices are given on different days – on the day the last of the notices is given.