Queensland Consolidated Regulations

LOTTERIES REGULATION 2007 - REG 17AN

17AN Accounting for account balances for restricted players

(1) This section applies if—

(a) a person’s registration as a restricted player ends under section 17AD (3) ; and

(b) when the registration ends, an amount of funds (the
"account balance" ) is standing to the credit of a player account established by a lottery operator in the name of the person.

(2) If, 1 year after the day the person was registered as a restricted player, the person has not been registered as an unrestricted player under section 17AD (1) , the lottery operator must close the account and pay the account balance to the chief executive.

(3) If an amount of the account balance is not paid under subsection (2) by the lottery operator, the State may recover the amount from the lottery operator as a debt.

(4) This section does not apply to the extent the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cwlth) applies.