New South Wales Consolidated Acts

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GAMING MACHINES ACT 2001 - SECT 37

Limited period for acquiring gaming machine entitlements

37 Limited period for acquiring gaming machine entitlements

(1) If a threshold increase application is approved, the relevant venue is permitted to acquire gaming machine entitlements for the number of gaming machines by which the venue's gaming machine threshold is increased (its
"approved increase in gaming machine entitlements" ) but can only do so during the limited period provided for by this section.
(2) The limited period during which a venue can acquire its approved increase in gaming machine entitlements is--
(a) for a threshold increase application required to be accompanied by a class 1 LIA--2 years from the date of approval of the application, or
(b) for a threshold increase application required to be accompanied by a class 2 LIA--5 years from the date of approval of the application, or
(c) for any other threshold increase application--12 months from the date of approval of the application.
(3) The Authority may in a particular case extend or further extend the limited period during which a venue can acquire its approved increase in gaming machine entitlements.
(4) If a relevant venue has not acquired its approved increase in gaming machine entitlements before the end of the limited period for doing so, the Authority is to decrease the gaming machine threshold for the venue by the number of gaming machine entitlements by which the number acquired fell short of the approved increase.
(5) If a gaming machine entitlement is acquired by lease, the limited period in which the entitlement can be acquired under this section stops running during the term of the lease.
(6) A reference in this section to a gaming machine entitlement includes, if the relevant venue is a hotel, a reference to a permit.



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