Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts(1) This section applies if—
(a) the casino licensee has a restricted authorisation under a casino gaming machine authorisation certificate or casino FATG authorisation certificate; and
(b) the development approval for the redevelopment of the casino and casino precinct ends otherwise than—
(i) under the Planning and Development Act 2007
, section 184 (End of development approvals other than lease variations); or
(ii) because the redevelopment of the casino and casino precinct is completed in accordance with the approval.
(2) The casino licensee may dispose of 1 or more authorisations to a class C licensee.
Note 1 The disposal of an authorisation is a notifiable action (see pt 10 and sch 2).
Note 2 A notifiable action takes effect—
(a) the prescribed number of days after the day the commission receives the notification (see s 50 (a)); or
(b) if the commission allows the notifiable action to take effect on an earlier day—that day (see s 50 (b)); or
(c) if the commission asks for additional information under s 49 (3)—when the commission has notified the licensee that it is satisfied in relation to the additional information (see s 50 (c)).
Note 3 A class C licensee may only acquire an authorisation if the class C licensee has less than the maximum number of authorisations for class C gaming machines allowed under the licensee's authorisation certificate (see Gaming Machine Act 2004
, s 127E and s 127G).
(3) The casino licensee must dispose of the authorisations not later than 3 months after the date the development approval ends.
(4) An authorisation not disposed of within the 3 months is forfeited to the Territory.
(5) The casino licensee is not entitled to claim compensation from the Territory for an authorisation forfeited to the Territory under subsection (4).