Gambling Act 2003 No 51 (as at 01 October 2008), Public Act

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.