Queensland Consolidated Acts

INTERACTIVE GAMBLING (PLAYER PROTECTION) ACT 1998 - SECT 261A

261A Cancellation of Gocorp’s interactive gambling licence

(1) Gocorp’s interactive gambling licence is cancelled on the due day unless, before the due day—

(a) Gocorp satisfies the chief executive of all of the following—

(i) neither Navari nor Topki has a beneficial interest (whether direct or indirect) in Gocorp;

(ii) neither Navari nor Topki is a business or executive associate of Gocorp;

(iii) there is no disqualified person with a beneficial interest (whether direct or indirect) in Gocorp;

(iv) there is no disqualified person who is a business or executive associate of Gocorp; and

(b) the chief executive, by gazette notice, declares that, having regard to representations made by Gocorp for the purposes of paragraph (a) , the chief executive is satisfied of the matters mentioned in paragraph (a) (i) to (iv) .

(2) In this section—

"due day" means the day that is 30 days after the commencement of this section.

"Gocorp" means GOCORP Limited (ACN 083 201 923).

"Navari" means Navari Pty Ltd (ACN 063 913 020).

"Topki" means Topki Holdings Pty Ltd (ACN 003 726 841).