7 Meaning of significant influence in casino

(1)

A person has a significant influence in a casino if the person—

(a)

is or will be a director of the holder of, or applicant for, or proposed transferee or alienee of, a casino licence for the casino; or

(b)

is or will be employed or engaged by the holder of, or applicant for, or proposed transferee or alienee of, a casino licence for the casino as the chief executive or a senior manager of the casino; or

(c)

owns or will own shares, directly or indirectly, in the holder of, or applicant for, or proposed transferee or alienee of, a casino licence for the casino that confer control of 20% or more of the voting rights of shareholders of any class in the holder, applicant, or proposed transferee or alienee.

(2)

A significant influence in a casino includes any influence that the Secretary or the Gambling Commission (as the case may be) considers to be a significant interest in the management, ownership, or operation of a casino, however acquired or to be acquired.

(3)

Subsection (1) does not limit what the Secretary or the Gambling Commission, as the case may be, considers to be a significant influence under subsection (2).

(4)

In subsection (1)(a), the term director includes a person described in section 126(1) of the Companies Act 1993.