Deposit accounts
113 Deposit accounts
The casino licensee may establish a deposit account for a person (the account holder).
The casino licensee may give the account holder any of the following to the value of the credit of the account holder’s deposit account:
chips;
chip purchase vouchers;
money;
a cheque.
The casino licensee must credit the following amounts to the account holder’s deposit account:
the amount of any money or cheque the account holder has given the licensee for deposit to the account;
the amount of any money transferred by the account holder to the account directly from an account operated by the account holder with a financial institution.
The casino licensee must debit the account holder’s deposit account with the following amounts:
if chips, chip purchase vouchers, money or a cheque has been issued to the account holder under subsection (2), an amount equal to—
the face value of the chips or vouchers; or
the amount of the money; or
the amount of the cheque;
the amount of any money transferred by the account holder from that account directly to an account operated by the account holder with a financial institution.
The casino licensee must not credit an amount to the account holder’s deposit account, or debit the deposit account with an amount, except in accordance with this section.
This Act’s bill:Explanatory statementSecond reading speech
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