New South Wales Consolidated Acts

PUBLIC LOTTERIES ACT 1996 - SECT 21O

21O Revocation of existing keno licence

(1) The existing keno licence is revoked immediately before the commencement time under the new keno licences. The commencement time under the new keno licences is the time from which the licensee under the new keno licences is authorised to conduct games of keno under those licences.

(2) Any agreement (an
"existing keno agency agreement" ) that provides for a person to act as the agent of the licensee under the existing keno licence in connection with the conduct of a public lottery and that is in force immediately before the revocation of the existing keno licence continues in force after the existing keno licence is revoked and is not affected by the revocation of that licence (but without affecting any later variation or termination of the agreement).

(3) A reference in an existing keno agency agreement to the existing keno licence is, after the revocation of the existing keno licence, to be read as a reference to the new keno licences.

(4) Compensation is not payable by or on behalf of the State because of the revocation of the existing keno licence under this section, or for any consequence of the revocation of that licence under this section.