(1)  The registration of a bookmaker or bookmaker's agent is taken to have been cancelled forthwith if the bookmaker or bookmaker's agent is convicted of an offence against –

(a) Subdivision 1 of Division 3 of this Part or section 92 , 93 or 94 of this Act; or

(b) section 5A of the Gaming Control Act 1993 .

(2)  If a registered bookmaker or bookmaker's agent is charged with an offence referred to in subsection (1) and the court records a conviction on the charge, the Director may, whether or not any appeal or other proceedings may be taken in relation to the matter, suspend the bookmaker's or agent's registration until the conclusion of the proceedings on the charge.