Australian Capital Territory Current Regulations

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INTERACTIVE GAMBLING REGULATION 1998 - REG 18

Unclaimed money

    (1)     For the

title="Interactive Gambling Act 1998">Act

, section 100 (1), if a player cannot be found, a licensed provider must remit the balance remaining in the player's account into a trust bank account.

    (2)     For the

title="Interactive Gambling Act 1998">Act

, section 120 (2) (c) (iii), if there is no current player's account and the licensed provider is unaware of the whereabouts of a former player, the licensed provider must pay the remainder of the proceeds into a trust bank account.

    (3)     Any amount paid into a trust bank account under subsection (1) or (2) must, at the end of 1 year after the day when the amount was so paid, be dealt with by the provider as the commission, in writing, directs.



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