Renewal of casino venue licence

134 Application for renewal of casino venue licence

(1)

The holder of a casino venue licence may apply to the Gambling Commission to renew the licence.

(2)

An application under subsection (1) must be—

(a)

made in the period that is at least 1 year but not more than 2 years before the date on which the licence is due to expire; and

(b)

on the relevant form; and

(c)

accompanied by a casino impact report.

(3)

A casino impact report must be prepared by a person approved by the Commission as independent of the applicant, and must—

(a)

report on the expected social and economic effects on the local and regional areas affected by the operation of the casino, and on New Zealand generally, of—

(i)

the continued operation of the casino; and

(ii)

the closure of the casino; and

(b)

report on matters identified by the Gambling Commission.

(4)

The Gambling Commission may specify the research to be undertaken in preparing a casino impact report.

(5)

The applicant for renewal of a casino venue licence must pay for the casino impact report.