114 Regulations regarding application or distribution of net proceeds from class 4 gambling

(1)

The Governor-General may, by Order in Council, make regulations for all or any of the following purposes relating to the application and distribution of net proceeds from class 4 gambling:

(a)

prescribing the amount (or a minimum amount) that a corporate society must allocate for application, apply, or distribute to or for authorised purposes, and that amount may be prescribed as a specific amount or as a percentage (for example, as a percentage of turnover, player expenditure, or net proceeds):

(b)

prescribing a time period within which the application or distribution to or for authorised purposes of net proceeds from class 4 gambling must occur:

(c)

prescribing requirements for advertising the availability of net proceeds from class 4 gambling for distribution:

(d)

prescribing requirements for the methods and processes used to deal with applications for the distribution of net proceeds from class 4 gambling:

(e)

prescribing requirements for the publication of information about the application and distribution of net proceeds from class 4 gambling, which may, without limitation, include requirements that information of that kind, or any class of information of that kind, be published—

(i)

in a stated manner, location, or form:

(ii)

in an electronic form as well as, or instead of, a non-electronic form:

(f)

prescribing any matter to be disclosed in a statement published under section 110(4), and the form in which those matters must be disclosed in that statement:

(g)

prescribing the form of the electronic version required to be provided under section 110(4B) and the manner in which, and the time within which, it must be provided:

(h)

specifying the reporting period to which a statement published under section 110(4) must relate, and different reporting periods may be specified for different cases:

(i)

specifying intervals that are shorter than 12 months at which a statement under section 110(4) must be published, and different intervals may be specified for different cases:

(j)

requiring that a portion of the proceeds of class 4 gambling (which may be specified or determined by a specified formula or definition) be applied or distributed to or for authorised purposes in, or operating in, the geographical area from which those proceeds were derived:

(k)

setting out how geographical areas are to be identified or defined for the purposes of the regulations, and different definitions may be adopted for different purposes:

(l)

prescribing the criteria or circumstances under which a corporate society may retain net proceeds to maintain financial viability:

(m)

limiting the amount of the net proceeds of class 4 gambling that may be applied or distributed to or for authorised purposes in, or operating in, any specified geographical areas, or all geographical areas, that are outside the geographical area from which those net proceeds were derived:

(n)

imposing rules about the application or distribution of net proceeds that are not required to be, or are not prohibited from being, applied or distributed to or for authorised purposes in, or operating in, a particular geographical area:

(o)

prescribing any other matters concerning the management, application, or distribution of net proceeds.

(2)

Regulations made under subsection (1) may apply—

(a)

to specified licence holders or classes of licence holder; or

(b)

in respect of specified venues or classes of venue; or

(c)

in respect of specified gambling equipment or classes of gambling equipment; or

(d)

in respect of specified games or classes of games.

(3)

[Repealed]

Section 114(1)(a): amended, on 3 March 2015, by section 69(1) of the Gambling Amendment Act 2015 (2015 No 3).

Section 114(1)(b): amended, on 3 March 2015, by section 69(2) of the Gambling Amendment Act 2015 (2015 No 3).

Section 114(1)(e): replaced, on 21 October 2015, by section 23(1) of the Gambling Amendment Act (No 2) 2015 (2015 No 90).

Section 114(1)(f): replaced, on 21 October 2015, by section 23(1) of the Gambling Amendment Act (No 2) 2015 (2015 No 90).

Section 114(1)(g): inserted, on 21 October 2015, by section 23(1) of the Gambling Amendment Act (No 2) 2015 (2015 No 90).

Section 114(1)(h): inserted, on 21 October 2015, by section 23(1) of the Gambling Amendment Act (No 2) 2015 (2015 No 90).

Section 114(1)(i): inserted, on 21 October 2015, by section 23(1) of the Gambling Amendment Act (No 2) 2015 (2015 No 90).

Section 114(1)(j): inserted, on 21 October 2015, by section 23(1) of the Gambling Amendment Act (No 2) 2015 (2015 No 90).

Section 114(1)(k): inserted, on 21 October 2015, by section 23(1) of the Gambling Amendment Act (No 2) 2015 (2015 No 90).

Section 114(1)(l): inserted, on 21 October 2015, by section 23(1) of the Gambling Amendment Act (No 2) 2015 (2015 No 90).

Section 114(1)(m): inserted, on 21 October 2015, by section 23(1) of the Gambling Amendment Act (No 2) 2015 (2015 No 90).

Section 114(1)(n): inserted, on 21 October 2015, by section 23(1) of the Gambling Amendment Act (No 2) 2015 (2015 No 90).

Section 114(1)(o): inserted, on 21 October 2015, by section 23(1) of the Gambling Amendment Act (No 2) 2015 (2015 No 90).

Section 114(3): repealed, on 21 October 2015, by section 23(2) of the Gambling Amendment Act (No 2) 2015 (2015 No 90).