Wagering Act 1998
sec.117Surrender of licence
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sec.117 Surrender of licence
A key person licensee may surrender the key person licence by written notice given to the chief executive. The surrender takes effect— on the day the notice is given to the chief executive; or if a later day of effect is stated in the notice—on the later day. If the chief executive believes the key person licensee was, at the time of the surrender, an employee or key operator of an authority operator, the chief executive must promptly give written notice of the surrender to the authority operator. (sec.117-ssec.1) A key person licensee may surrender the key person licence by written notice given to the chief executive. (sec.117-ssec.2) The surrender takes effect— on the day the notice is given to the chief executive; or if a later day of effect is stated in the notice—on the later day. (sec.117-ssec.3) If the chief executive believes the key person licensee was, at the time of the surrender, an employee or key operator of an authority operator, the chief executive must promptly give written notice of the surrender to the authority operator.
- (a) on the day the notice is given to the chief executive; or
- (b) if a later day of effect is stated in the notice—on the later day.