(1) An organisation that is approved under a corresponding sports betting law as the controlling body for a sporting event for the purposes of that law may apply to the Commission to be declared as the sports controlling body for a sports betting event for the purposes of this Part.
(2) The Commission may declare the applicant as the sports controlling body for a sports betting event if the Commission is satisfied that the process for approving the applicant as a controlling body for the equivalent event under the corresponding sports betting law is at least equivalent to the process for approving a sports controlling body under this Division.
(3) The Commission must notify the applicant in writing of its decision whether or not to declare the applicant as a sports controlling body.
(4) If the Commission refuses to declare the applicant as a sports controlling body, it must include reasons for the refusal in the written notification.
(5) The Commission may impose any conditions it thinks fit on a declaration at the time of making the declaration or at any later time.
(6) A declaration—
(a) takes effect on the day specified by the Commission in the written notification; and
(b) remains in force until revoked by the Commission under section 4.5.17 or surrendered under section 4.5.18.
S. 4.5.16 inserted by No. 18/2007 s. 3.