Queensland Consolidated Acts

CASINO CONTROL ACT 1982 - SECT 114

114 No compensation payable for regulatory action

(1) No compensation is payable by or on behalf of the State because of regulatory action that has an effect on—

(a) an entity that is or was concerned in, or otherwise connected to, the administration, management, operation or ownership of a hotel-casino complex or casino, including, for example—

(i) a casino entity; or

(ii) an associate of a casino entity under section 30A (4) ; or

(iii) an entity associated with financing a casino entity or casino operations; or

(iv) an employee of an entity mentioned in subparagraphs (i) to (iii) ; or

(b) the revenue earned from casino operations.

(2) This section applies despite—

(a) any other provision of this Act; or

(b) another Act or law, including, for example, an agreement Act; or

(c) any other instrument, including an agreement to which the State and a casino entity are parties.

(3) In this section—

"casino entity" means—

(a) a casino licensee; or

(b) the lessee under a casino lease; or

(c) the casino operator under a casino management agreement; or

(d) an entity proposed to be an entity mentioned in paragraphs (a) to (c) .

"compensation" includes—

(a) damages; and

(b) another form of monetary compensation; and

(c) any other amount, whether described as compensation or not, payable under an instrument, including an agreement to which the State and a casino entity are parties; and

(d) liability to make payments under an instrument on occurrence of events specified in the instrument, including an agreement to which the State and a casino entity are parties.

"regulatory action" includes—

(a) an amendment of this Act, an agreement Act, a casino agreement or any other law that provides for or regulates the management or operations of a casino; and

(b) the making of a regulation under this Act; and

(c) the appointment of an administrator under section 31 or a special manager under part 9 , division 3 ; and

(d) an action taken, or failure to take an action, by a special manager; and

(e) the exercise of functions or powers under this Act, an agreement Act, a casino agreement or any other law that provides for or regulates the management or operations of a casino, including the exercise of regulatory or supervisory powers under instruments approved or created under this Act.