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INTERACTIVE GAMBLING (PLAYER PROTECTION) ACT 1998 - SECT 53
Terms of appointment, and role, of administrator
53 Terms of appointment, and role, of administrator
(1) This section applies to an administrator appointed by the Governor in
Council to conduct operations under an interactive gambling licence.
(2) For
any matter not provided for under this Act, the administrator holds office on
terms decided by the Governor in Council.
(3) The administrator— (a) has
full control of, and responsibility for, the operations of the
licensed provider conducted under the interactive gambling licence (including
authorised games that had been commenced but not completed as at the time of
the administrator’s appointment); and
(b) subject to any directions by the
Minister, must conduct the operations as required by this Act as if the
administrator were the licensed provider.
(4) The costs of and incidental to
the conduct and administration of a licensed provider’s operations by an
administrator under this section (the
"costs of administration" ) are payable by the licensed provider.
(5) Any
profits derived from the conduct of the licensed provider’s operations by
the administrator are, after payment of the costs of administration, to be
paid to the licensed provider.
(6) This section applies despite the
Corporations Act.
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