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s 40

Effect of cancellation, surrender or suspension of sports bookmaking licence on agent licence

In force
Part 3Sports bookmaking
Division 3.3Sports bookmaker’s agent licences

40 Effect of cancellation, surrender or suspension of sports bookmaking licence on agent licence

(1)

If a sports bookmaking licence is cancelled or surrendered, the commission must cancel any sports bookmaker’s agent licence issued on the application of the former sports bookmaker.

(2)

If a sports bookmaking licence is suspended, the commission must suspend, until the end of the suspension of the sports bookmaking licence, any sports bookmaker’s agent licence issued on the application of the sports bookmaker.

(3)

If a sports bookmaker’s agent licence is cancelled or suspended under this section, the commission must give written notice of the cancellation or suspension to—

(a)

the holder of the sports bookmaker’s agent licence; and

(b)

if practicable, the sports bookmaker or former sports bookmaker.

(4)

If a sports bookmaking licence is reinstated (by the commission or the ACAT) after cancellation, any sports bookmaker’s agent licence cancelled under subsection (1) because of the cancellation must be reinstated by the commission.

Part 4 Licences generally

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