sec.209Extending credit

sec.209 Extending credit

A general operator, or an employee of a general operator, must not make a loan or extend credit in any form to a person to enable the person or another person to take part in approved wagering. Maximum penalty—200 penalty units. If a cash advance is made to a person in circumstances where a general operator or an employee of a general operator knows, or ought reasonably to know, that the person intends to use the cash advance to enable the person or another person to take part in approved wagering, the operator or employee must not represent that the cash advance was made for some other purpose. Maximum penalty for subsection (2) —200 penalty units. s 209 sub 2000 No. 51 s 101 (sec.209-ssec.1) A general operator, or an employee of a general operator, must not make a loan or extend credit in any form to a person to enable the person or another person to take part in approved wagering. Maximum penalty—200 penalty units. (sec.209-ssec.2) If a cash advance is made to a person in circumstances where a general operator or an employee of a general operator knows, or ought reasonably to know, that the person intends to use the cash advance to enable the person or another person to take part in approved wagering, the operator or employee must not represent that the cash advance was made for some other purpose. Maximum penalty for subsection (2) —200 penalty units.