(1) A law of a State or Territory permitting gambling (whether or not subject to the obtaining of a licence or permission, or under other conditions) does not apply at, or in relation to a gambling activity at, a regulated airport.
(2) However, a person engaged in a gambling activity at a regulated airport under a continued gambling authority must comply with any law of a State or Territory (other than a licensing law or a reporting law) that would, except for subregulation (1), apply to the activity (so far as the law is not inconsistent with the authority).