7Operation of totalisator by Director

7 Operation of totalisator by Director (1) Subject to subsection (2), the Director may not operate a totalisator in the Territory. (2) If, for any reason, there is no licensee capable of conducting totalisator wagering in the Territory, the Director may take the actions the Director considers necessary to ensure that totalisator wagering continues to be conducted in the Territory until a licence or a temporary licence is granted. (3) The following are examples of circumstances when the Director might take action under subsection (2): (a) no application has been made for a licence; (b) no licence has been granted; (c) a licensee's licence is cancelled or suspended and a temporary licence has not been granted in respect of the licensee's business under the licence; (d) the bankruptcy of a licensee or the application to take the relief of a law for the relief of bankrupt of insolvent debtors or making of an assignment of a licensee's property, interest or remuneration for the benefit of the licensee's creditors; (e) in the case of a licensee that is a company – the licensee is in liquidation, being wound up or is deregistered; (f) a licensee dies or is ill or otherwise mentally or physically incapacitated. (4) If, in exercising powers under subsection (2), the Director decides to operate a totalisator or conduct totalisator wagering, to the extent necessary, this Act applies in respect of the operation of the totalisator or the conduct of totalisator wagering by the Director as if the Director were a licensee.