Australian Capital Territory Current Acts

GAMING MACHINE ACT 2004 - SECT 127ZB

    (1)     This section applies if a disposing licensee who holds a storage permit trades a stored authorisation to an acquiring licensee under division 6A.6 (Trading of authorisations and gaming machines).

    (2)     The disposing licensee must give the commission—

        (a)     details of the acquiring licensee; and

        (b)     written notice to—

              (i)     amend the disposing licensee's storage permit to remove references to the stored authorisation and its associated gaming machine; and

              (ii)     if the gaming machine is not being sold to the acquiring licensee—issue to the disposing licensee a storage permit for an interim purpose for the gaming machine.

Note 1     The trading of a stored authorisation is a notifiable action (see pt 13A and sch 2).

Note 2     If a form is approved under the Control Act

, s 53D for this provision, the form must be used.

Note 3     A fee may be determined under s 177 for this provision.

Note 4     A failure to comply with this section is a ground for disciplinary action (see s 57 (1) (c)).