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Gambling Act 2003

Gambling - Licensing of casino gambling - Associated persons

154: Affected transactions

You could also call this:

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

Illustration for Gambling Act 2003

If you get a lot of control in a casino without asking first, this section applies to you. You need to know what an affected transaction is, it means getting control of a casino without approval. This includes everything that happened to get that control.

If the Secretary says no to someone who has a lot of control, they must tell the Gambling Commission. They have to tell the Commission that someone got control of a casino without approval. The Secretary also has to give the Commission information about what happened.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM209329.

Topics:
Money and consumer rights > GamblingCrime and justice > Criminal law
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153: Responsibility of licensee aware of person with significant influence, or

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

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155: Review of associated persons by Secretary, or

"The Secretary checks if someone is still suitable to work with a casino"

Part 2Gambling
Licensing of casino gambling: Associated persons

154Affected transactions

  1. This section applies if a person acquires a significant influence in a casino without prior approval as an associated person.

  2. An affected transaction means any transaction by which a person acquired a significant influence in a casino without prior approval as an associated person, and includes all aspects of the means by which that influence was acquired.

  3. If the Secretary refuses to approve a person with a significant influence as an associated person, the Secretary must then—

  4. advise the Gambling Commission that an affected transaction has occurred; and
    1. provide the Gambling Commission with a summary of the information held by the Secretary about the affected transaction.

      Notes
      • Section 154(3): amended, on , by section 8 of the Gambling Amendment Act (No 2) 2005 (2005 No 104).