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INTERACTIVE GAMBLING (PLAYER PROTECTION) ACT 1998 - SECT 33
Suitability of applicant to hold interactive gambling licence
33 Suitability of applicant to hold interactive gambling licence
(1) In deciding whether an applicant is a suitable person to hold an
interactive gambling licence, the Minister may have regard to the following
matters— (a) the applicant’s character or business reputation;
(b) the
applicant’s current financial position and financial background;
(c) if the
applicant is not an individual—whether the applicant has, or has arranged, a
satisfactory ownership, trust or corporate structure;
(d) whether the
applicant has, or is able to obtain, appropriate resources and
appropriate services;
(e) whether the applicant has the appropriate business
ability to conduct interactive games successfully under an interactive
gambling licence;
(f) if the applicant has a business association with
another entity— (i) the entity’s character or business reputation; and
(ii) the entity’s current financial position and financial background;
(g)
anything else prescribed under a regulation.
(2) In subsection (1) —
"appropriate resources" means financial resources— (a) adequate, in the
Minister’s opinion, to ensure the financial viability of operations
conducted under an interactive gambling licence; and
(b) available from a
source that is not, in the Minister’s opinion, tainted with illegality.
"appropriate services" means the services of persons who have appropriate
experience to ensure the proper and successful conduct of interactive games.
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