sec.88Termination of agreement on direction

sec.88 Termination of agreement on direction

If the Minister directs a wagering licensee to terminate a wagering management agreement, the licensee must— terminate the agreement within the time stated in the relevant notice; and notify the chief executive of the termination in the approved form within 7 days after terminating the agreement. If the wagering licensee does not terminate the wagering management agreement as required by subsection (1) , the agreement is terminated by this Act. The State does not incur any liability if a wagering management agreement is terminated by a wagering licensee under subsection (1) or by this Act. A wagering licensee does not incur any liability because the licensee terminates a wagering management agreement under subsection (1) . (sec.88-ssec.1) If the Minister directs a wagering licensee to terminate a wagering management agreement, the licensee must— terminate the agreement within the time stated in the relevant notice; and notify the chief executive of the termination in the approved form within 7 days after terminating the agreement. (sec.88-ssec.2) If the wagering licensee does not terminate the wagering management agreement as required by subsection (1) , the agreement is terminated by this Act. (sec.88-ssec.3) The State does not incur any liability if a wagering management agreement is terminated by a wagering licensee under subsection (1) or by this Act. (sec.88-ssec.4) A wagering licensee does not incur any liability because the licensee terminates a wagering management agreement under subsection (1) .

• (a) terminate the agreement within the time stated in the relevant notice; and
• (b) notify the chief executive of the termination in the approved form within 7 days after terminating the agreement.