Queensland Numbered Acts

RACING INTEGRITY ACT 2016 - SECT 82

82 Suitability of business and executive associates

(1) This section applies to the commission in deciding whether a business associate or an executive associate of an applicant for a racing bookmaker’s licence is a suitable person to be associated with the applicant.

(2) The commission may have regard to all of the following matters—

(a) the associate’s character or business reputation;

(b) the associate’s current financial position and financial background;

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