Australian Capital Territory Current Acts

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GAMING MACHINE ACT 2004 - SECT 163F

Diversification and sustainability support fund

    (1)     The director-general must open and maintain a banking account (the diversification and sustainability support fund ).

    (2)     The diversification and sustainability support fund is to provide funding for the following purposes:

        (a)     assisting clubs to diversify their income to sources other than gaming machines;

        (b)     supporting the sustainability of clubs;

        (c)     contributing to projects that help reduce regulatory costs or improve efficiency in administration and compliance for clubs;

        (d)     training and skills development for club workers, executives and members of club management committees and boards.

    (3)     In this section:

"banking account" means an account with an authorised deposit-taking institution that is, or is substantially the same as, a bank account.



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