Plain language law

New Zealand law explained for everyone

Gambling Act 2003

Gambling - Licensing of class 4 gambling - Other matters

79: Surrender of class 4 venue licence

You could also call this:

"What happens when you give back a class 4 venue licence for gambling"

Illustration for Gambling Act 2003

If you have a class 4 venue licence, you must give it back to the Secretary in certain situations, like those described in section 71(1)(g). You can also choose to give your licence back to the Secretary at any other time. When you give back your licence, you are still responsible for following the rules about how to use the money made from gambling.

You must apply or distribute the money made from gambling according to the rules in the Act and your licence. Giving back your licence does not change this responsibility. You also still have to keep certain records and report as required, even after you give back your licence.

Giving back your class 4 venue licence does not get you out of these responsibilities.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM208634.

Topics:
Money and consumer rights > GamblingCrime and justice > Criminal law
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"What happens if you appeal a decision about a class 4 venue licence?"

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80: Class 4 venue licence not transferable, or

"You can't sell or give away a Class 4 venue licence to someone else."

Part 2Gambling
Licensing of class 4 gambling: Other matters

79Surrender of class 4 venue licence

  1. A corporate society—

  2. must surrender a class 4 venue licence to the Secretary in the circumstances described in section 71(1)(g):
    1. may surrender a class 4 venue licence to the Secretary at any other time.

      1. The surrender of a class 4 venue licence does not affect—

      2. the obligation of the corporate society to apply or distribute the net proceeds from the gambling in accordance with this Act and the licence; and
        1. any condition relating to records that must be maintained and reporting requirements.