New South Wales Consolidated Acts

PUBLIC LOTTERIES ACT 1996 - SECT 10

10 Operator licences and product licences

(1) The Minister can grant the following kinds of licences for the purposes of this Act--

(a) an
"operator licence" , which is a licence to conduct any public lottery for which the licensee holds a product licence,

(b) a
"product licence" , which is a licence for a particular public lottery that is issued to the licensee under an operator licence to authorise the licensee to conduct the particular public lottery.

(2) The grant of an operator licence requires the approval of the Treasurer.

(3) A product licence can only be held by the holder of an operator licence.

(4) Both kinds of licence can only be held by a corporation or by 2 or more corporations jointly.