sec.162Suspending agent’s operations

sec.162 Suspending agent’s operations

The chief executive may suspend the wagering agent’s operations if the chief executive believes— a ground exists to direct the termination of the agency agreement; and it is necessary to suspend the operations— in the public interest; or to ensure the integrity of the conduct of authorised wagering under the relevant wagering licence is not jeopardised. The suspension— must be effected by written notice (a suspension notice ) given to the wagering agent with a show cause notice; and operates immediately the suspension notice is given; and continues to operate until the show cause notice is finally dealt with. The suspension notice must state the reason for the decision to suspend the wagering agent’s operations. The chief executive must promptly give a copy of the suspension notice to the licence operator. A wagering agent must not carry on operations while the agent’s operations are suspended. Maximum penalty for subsection (5) —200 penalty units or 2 years imprisonment. (sec.162-ssec.1) The chief executive may suspend the wagering agent’s operations if the chief executive believes— a ground exists to direct the termination of the agency agreement; and it is necessary to suspend the operations— in the public interest; or to ensure the integrity of the conduct of authorised wagering under the relevant wagering licence is not jeopardised. (sec.162-ssec.2) The suspension— must be effected by written notice (a suspension notice ) given to the wagering agent with a show cause notice; and operates immediately the suspension notice is given; and continues to operate until the show cause notice is finally dealt with. (sec.162-ssec.3) The suspension notice must state the reason for the decision to suspend the wagering agent’s operations. (sec.162-ssec.4) The chief executive must promptly give a copy of the suspension notice to the licence operator. (sec.162-ssec.5) A wagering agent must not carry on operations while the agent’s operations are suspended. Maximum penalty for subsection (5) —200 penalty units or 2 years imprisonment.

• (a) a ground exists to direct the termination of the agency agreement; and
• (b) it is necessary to suspend the operations— (i) in the public interest; or (ii) to ensure the integrity of the conduct of authorised wagering under the relevant wagering licence is not jeopardised.
• (i) in the public interest; or
• (ii) to ensure the integrity of the conduct of authorised wagering under the relevant wagering licence is not jeopardised.
• (i) in the public interest; or
• (ii) to ensure the integrity of the conduct of authorised wagering under the relevant wagering licence is not jeopardised.
• (a) must be effected by written notice (a suspension notice ) given to the wagering agent with a show cause notice; and