20Licensee not to be associated with casino and other activities

20 Licensee not to be associated with casino and other activities

20 Licensee not to be associated with casino and other activities

(1) A person to whom this section applies must not—

(a) hold a casino licence under the Casino Control Act 1992, or

(b) hold any other licence, or conduct any other business or activity, that is prescribed by the regulations for the purposes of this section.

(2) This section applies to the following persons—

(a) the licensee,

(b) a subsidiary of the licensee,

(c) a related body corporate of the licensee.

(3) However, subsection (1)(a) does not apply to or in respect of the nominated company or a related body corporate of the nominated company during any period during which the exemption granted to the nominated company and any related body corporate by section 32A is in force.

s 20: Am 2003 No 101, Sch 2 [3].