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CASINO CONTROL ACT 1992 - SECT 37B
Revocation of interim approval of controlled contract
37B Revocation of interim approval of controlled contract
(1) This section applies if, after the NICC issues a casino operator with an
interim approval of a controlled contract or a variation of a controlled
contract, the NICC-- (a) objects to the proposed contract or variation, and
(b) proposes to revoke the interim approval.
(2) The NICC may, by written
notice given to each of the parties to the proposed contract or variation--
(a) advise the parties that the NICC proposes to revoke the interim approval,
and
(b) invite the parties to provide written submissions to the NICC within
the period specified in the notice, not less than 14 days after the day the
notice is given to the parties, about why the interim approval should not be
revoked.
(3) After considering any written submissions made under subsection
(2)(b), the NICC must decide-- (a) to revoke the interim approval, or
(b) not
to revoke the interim approval.
(4) As soon as practicable after making its
decision under subsection (3), the NICC must give written notice of the
decision to each of the parties to the proposed contract or variation.
(5) If
the NICC's decision is to revoke the interim approval, the notice may include
a requirement that-- (a) the casino operator must not enter into, or otherwise
become a party to, the proposed contract or proposed variation to the
contract, or
(b) for an existing contract--the contract be terminated within
a specified period.
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