Australian Capital Territory Current Acts

GAMING MACHINE ACT 2004 - SECT 127A

The objects of this division are to facilitate—

        (a)     the trading of class C authorisations, with or without the related gaming machines, between class C licensees; and

        (b)     the reduction of the number of class B authorisations in the Territory by—

              (i)     allowing the trading of class B authorisations, without the related gaming machines, to class C licensees; and

              (ii)     the conversion of traded class B authorisations to class C authorisations.

Note 1     The acquisition of an authorisation or gaming machine under this division is a notifiable action (see s 99).

Note 2     If a class C licensee acquires a class B authorisation, on receiving notification of the trade, the commission will amend the class C licensee's authorisation schedule to record the authorisation as a class C authorisation.