Queensland Consolidated Acts
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INTERACTIVE GAMBLING (PLAYER PROTECTION) ACT 1998 - SECT 149
Ancillary gambling agreement
(1) An
"ancillary gambling agreement" is an agreement, contract, lease or arrangement
(whether written or unwritten) under which a person agrees to provide to a
licensed provider a thing or service in return for a direct or indirect
interest in, or percentage or share of— (a) amounts received by the
licensed provider in the course of the licensed provider’s business; or
(b)
the revenue, profit or earnings derived by the licensed provider from the
licensed provider’s business.
(2) However, an ancillary gambling agreement
does not include an agency agreement.
(3) A licensed provider must not enter
into, or be a party to, an ancillary gambling agreement without the written
approval of the chief executive. Penalty— Maximum penalty—40 penalty
units.
(4) However, the chief executive’s approval is not required for an
agreement if— (a) the chief executive considers the agreement to be an
agreement of minor importance; or
(b) the agreement is of a class excluded
from the application of this section under a regulation.
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