Other matters

79 Surrender of class 4 venue licence

(1)

A corporate society—

(a)

must surrender a class 4 venue licence to the Secretary in the circumstances described in section 71(1)(g):

(b)

may surrender a class 4 venue licence to the Secretary at any other time.

(2)

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

(a)

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

(b)

any condition relating to records that must be maintained and reporting requirements.