Queensland Numbered Acts

RACING INTEGRITY ACT 2016 - SECT 81

81 Suitability of applicants for racing bookmaker’s licence

(1) This section applies to the commission in deciding whether an applicant for a racing bookmaker’s licence is a suitable person to hold a racing bookmaker’s licence.

(2) The commission may have regard to all of 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 has a business association with another entity—

(i) the other entity’s character or business reputation; and

(ii) the other entity’s current financial position and financial background;

(d) if the applicant is a corporation—the persons who have a substantial holding in the applicant, or in a corporation that is a holding company of the applicant.

Note—

See also section 86 (2) which provides that an applicant for a racing bookmaker’s licence is not a suitable person to hold a racing bookmaker’s licence if the applicant, or a business associate or an executive associate of the applicant, is an identified participant in a criminal organisation.