Plain language law

New Zealand law explained for everyone

Gambling Act 2003

Gambling - Licensing of casino gambling - Associated persons

153: Responsibility of licensee aware of person with significant influence

You could also call this:

"Licence holders must report people who gain significant control over their casino."

If you have a casino licence, you must tell the Secretary if someone gets a lot of influence over your casino. You have to do this as soon as you find out that this person has a significant influence. You are responsible for letting the Secretary know about this change.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM209328.

Topics:
Money and consumer rights > GamblingBusiness > Industry rules
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152: Licensee to seek prior approval, or

"Get approval before someone takes control of your casino"

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154: Affected transactions, or

"What happens when someone takes control of a casino without permission"

Part 2Gambling
Licensing of casino gambling: Associated persons

153Responsibility of licensee aware of person with significant influence

  1. A casino licence holder must advise the Secretary that a person has acquired a significant influence in a casino to which the holder’s licence relates as soon as the licence holder becomes aware of that fact.