(1) Subject to
subsection (2), where permitted gaming takes place, neither the permit holder
nor any person acting on his behalf or under any arrangement with him shall
make any loan or otherwise provide or allow to any person any credit, or
release, or discharge on another person’s behalf, the whole or part of
any debt —
(a) for
enabling any person to take part in permitted gaming; or
(b) in
respect of any losses incurred by any person in permitted gaming.
(2) Neither the permit
holder nor any person acting on his behalf or under any arrangement with him
shall accept a cheque and give in exchange for it cash or tokens for enabling
any person to take part in permitted gaming unless the following conditions
are fulfilled, that is to say —
(a) the
cheque is not a post-dated cheque; and
(b) it
is exchanged for cash to an amount equal to the amount for which it is drawn,
or is exchanged for tokens at the same rate as would apply if cash, to the
amount for which the cheque is drawn, were given in exchange for them,
but, where those
conditions are fulfilled, the giving of cash or tokens in exchange for a
cheque shall not be taken to contravene subsection (1).
(3) Where the permit
holder, or a person acting on behalf of or under any arrangement with him,
accepts a cheque in exchange for cash or tokens to be used by a player in
permitted gaming, he shall not more than 2 banking days later cause the cheque
to be delivered to a financial institution for payment or collection.
(4) In this section
banking day means a day other than a bank holiday.
[Section 63 amended: No. 24 of 2000 s. 52.]