sec.81Grounds for directing termination

sec.81 Grounds for directing termination

A ground for directing the termination of a wagering management agreement exists if the wagering manager— is not a suitable person to be a wagering manager; or is convicted of an offence against this Act or a gaming Act; or is convicted of an indictable offence; or contravenes a provision of this Act (being a provision a contravention of which is not an offence against this Act); or fails to discharge the manager’s financial commitments for the manager’s operations; or is affected by control action under the Corporations Act . Also, a ground for directing the termination of a wagering management agreement exists if— the approval of the Minister for the wagering manager’s appointment, or the entering into of the agreement, was given because of a materially false or misleading representation or declaration; or a business or executive associate of the wagering manager is not a suitable person to be associated with a wagering manager’s operations. For subsection (1) (f) , a wagering manager is affected by control action under the Corporations Act if the manager— has executed a deed of company arrangement under that Act; or is the subject of a winding-up (whether voluntarily or under a court order) under that Act; or is the subject of an appointment of an administrator, liquidator, receiver or receiver and manager under that Act. s 81 amd 1999 No. 38 s 75 ; 2001 No. 45 s 29 sch 3 (sec.81-ssec.1) A ground for directing the termination of a wagering management agreement exists if the wagering manager— is not a suitable person to be a wagering manager; or is convicted of an offence against this Act or a gaming Act; or is convicted of an indictable offence; or contravenes a provision of this Act (being a provision a contravention of which is not an offence against this Act); or fails to discharge the manager’s financial commitments for the manager’s operations; or is affected by control action under the Corporations Act . (sec.81-ssec.2) Also, a ground for directing the termination of a wagering management agreement exists if— the approval of the Minister for the wagering manager’s appointment, or the entering into of the agreement, was given because of a materially false or misleading representation or declaration; or a business or executive associate of the wagering manager is not a suitable person to be associated with a wagering manager’s operations. (sec.81-ssec.3) For subsection (1) (f) , a wagering manager is affected by control action under the Corporations Act if the manager— has executed a deed of company arrangement under that Act; or is the subject of a winding-up (whether voluntarily or under a court order) under that Act; or is the subject of an appointment of an administrator, liquidator, receiver or receiver and manager under that Act.

• (a) is not a suitable person to be a wagering manager; or