371 Other regulations

(1)

The Governor-General may, by Order in Council, make regulations for all or any of the following purposes:

(a)

prescribing systems for the management and operation of gambling and gambling equipment:

(b)

auditing, reporting on, and monitoring persons who conduct or promote gambling:

(c)

requiring specified persons to retain documents and information relating to gambling and gambling equipment:

(d)

specifying the time frame within which, and the accounts into which, the profits from gambling must be banked:

(da)

specifying the time frame within which, and the accounts from which, the costs incurred in conducting gambling must be met:

(db)

specifying the time frame within which, and the accounts from which, funds must be applied to or distributed for authorised purposes:

(dc)

prescribing requirements relating to the presentation of financial reports by holders of class 4 operators’ licences, and specifying matters that must be included in those reports, including, without limitation, key indicators of operational efficiency:

(dd)

prescribing the payments that corporate societies may make to venue operators and, for that purpose, providing for 1 or more of the following:

(i)

the matters for which venue operators may or may not be paid, including (but not limited to) costs:

(ii)

any limit on the payment for a matter of a particular kind:

(iii)

that, subject to any conditions that may be prescribed, the payment for 1 or more matters may be up to an amount that does not exceed a specified percentage of the turnover (exclusive of prizes and goods and services tax) of the class 4 gambling, for a stated period, at the venue:

(de)

prescribing the manner in which payments prescribed under paragraph (dd) are to be set out in class 4 venue agreements:

(e)

prescribing systems or processes to ensure compliance with this Act:

(f)

prescribing classes of persons who are casino employees who require a certificate of approval:

(g)

prohibiting junkets or specifying the terms on which the holder of a casino licence may associate with a junket organiser or may participate in a junket:

(h)

prescribing offences for unlawfully organising a junket or associating with a junket organiser or a junket:

(i)

providing for any other matters that are contemplated by, or necessary for giving full effect to, this Act and its due administration.

(2)

Regulations under subsection (1) may apply—

(a)

to particular persons or classes of person:

(b)

to a particular place or class of place:

(c)

to particular gambling equipment or classes of gambling equipment:

(d)

to particular games or classes of games, or categories, classes, or forms of gambling.

Section 371(1)(d): amended, on 3 March 2015, by section 123(1) of the Gambling Amendment Act 2015 (2015 No 3).

Section 371(1)(da): inserted, on 3 March 2015, by section 123(2) of the Gambling Amendment Act 2015 (2015 No 3).

Section 371(1)(db): inserted, on 3 March 2015, by section 123(2) of the Gambling Amendment Act 2015 (2015 No 3).

Section 371(1)(dc): inserted, on 21 October 2015, by section 30 of the Gambling Amendment Act (No 2) 2015 (2015 No 90).

Section 371(1)(dd): inserted, on 21 October 2015, by section 30 of the Gambling Amendment Act (No 2) 2015 (2015 No 90).

Section 371(1)(de): inserted, on 21 October 2015, by section 30 of the Gambling Amendment Act (No 2) 2015 (2015 No 90).

Section 371(2)(d): amended, on 3 March 2015, by section 123(3) of the Gambling Amendment Act 2015 (2015 No 3).