Victorian Current Acts Victorian Current Acts(1) This section applies if—
(a) all offers under section 3.4A.20E have expired; and
(b) the number of gaming machine entitlements under which gaming may be conducted in the State, or a region or municipal district (as the case requires) still exceeds the maximum permissible number of entitlements under which gaming may be conducted in the State, the region or the municipal district as determined by Order under section 3.4A.5(3) or (3A), as the case may be.
(2) The Commission must determine, in accordance with a determination of the Commission under section 3.4A.20D—
(a) which venue operators must reduce the number of gaming machine entitlements held by those operators; and
(b) the reduction in the number of gaming machine entitlements held by each venue operator that must be met by the operator.
(3) The Commission must give to each venue operator that it has determined under subsection (2) must reduce the number of gaming machine entitlements the operator holds a written direction specifying—
(a) the required level of reduction in gaming machine entitlements in the State, the region or the municipal district, as the case requires; and
(b) the required number of gaming machine entitlements the operator must no longer hold; and
(c) the methods by which the operator may reduce the number of gaming machine entitlements the operator holds; and
(d) the date by which that the operator must reduce the number of gaming machine entitlements the operator holds.
(4) The date specified in a direction for the purpose of subsection (3)(d) must not be a date after the date a relevant Order under section 3.4A.5(3) or (3A) takes effect.
(5) A venue operator given a direction under subsection (3) must comply with the direction.
(6) For the purpose of subsection (3)(c), the methods by which a venue operator may reduce the number of gaming machine entitlements held by that operator are—
(a) accepting an offer by the State under section 3.4A.20G to purchase any gaming machine entitlements; or
(b) if the direction of the Commission is as a result of an Order under section 3.4A.5(3A) to reduce the number of entitlements in a region or municipal district—
(i) transferring the entitlements to another venue operator so that gaming may be conducted under those entitlements outside the region or municipal district to which the Order applies; or
(ii) obtaining an amendment to the geographic area condition from the Commission so that gaming may be conducted under those entitlements outside the region or municipal district to which the Order applies.
S. 3.4A.20G inserted by No. 58/2009 s. 51.