Victorian Current Acts

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GAMBLING REGULATION ACT 2003 - SECT 3.4A.27A

Forfeiture to State—after reduction of regional or municipal district limit

    (1)     This section applies if—

        (a)     an Order has been made under section 3.4A.20C to reduce the number of gaming machine entitlements in a region or municipal district; and

        (b)     a venue operator holds gaming machine entitlements to which that Order relates; and

        (c)     that venue operator does not reduce the number of gaming machine entitlements the operator holds in accordance with a direction under section 3.4A.20F.

    (2)     On the day after the day determined in the Order as the day on which the offer to purchase gaming machine entitlements expires, all of the gaming machine entitlements to which the direction under section 3.4A.20F relates and which are held by the operator contrary to the direction are forfeited to the State.

Division 9—Extinguishment of interests and rights in gaming machine entitlements

S. 3.4A.28 inserted by No. 29/2009 s. 25.



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